New budget, several LCAPs, charter renewals on VUSD agenda tonight – Daily Republic

By Richard Bammer

A presentation about the 2016-17 district budget, several LCAPs, and a public hearing on charter renewals for a pair of charter schools are on the agenda when Vacaville Unified leaders meet tonight in Vacaville.

Like other California school district trustees will this month, Vacaville’s seven-member governing board will hear a dollars-and-cents report from its chief business official.

Deo Persaud will tell the board that the district will spend $108.5 million in the coming academic year, with revenues of $107.9 million, creating nearly $660,000 in red ink. The ending balance is expected to be $16.5 million, with 14 percent of the budget in prudent reserves.

While that figure, a little more than $15 million, including 3 percent for economic uncertainties, may seem like a large amount, Persaud, at previous board meetings, has projected that the 12,300-student district will face increased deficit spending in the 2017-18 and 2018-19 years as expenses exceed revenues.

 

Source: New budget, several LCAPs, charter renewals on VUSD agenda tonight

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