By John Glidden
Facing a projected budget deficit for at least the next two fiscal years, the Vallejo City Unified School District Board is convening a special meeting Tuesday afternoon to receive information about the district’s financial health.
VCUSD staff is projected the district’s expenditures will exceed its revenues by about $4.7 million for fiscal year 2017-18.
The deficit spending is projected to continue for fiscal year 2018-19, with VCUSD receiving about $147 million in revenues while its expenditures top $150 million.
The board will also receive information about a district plan to slash $3.6 million from the upcoming budget to lessen the deficit impact in fiscal year 2017-18.
Prior to the budget discussions, the board is expected to begin the meeting in closed session to address potential administrative reassignments.