By Richard Bammer
The second interim 2016-17 budget report, an update about district mental health supports, and the sale of $38 million in Measure A bonds are on the agenda when Vacaville Unified leaders meet tonight in Vacaville.
Deo Persaud, the chief business officer, will note major changes since the first interim report in December; updates on revenues and expenses and the ending fund balance; multiyear projections (with assumptions); and next steps.
The district will file a positive certification, based on current projections, meaning it will be able to pay its bills for the current year and next year, he will tell the seven-member governing board.
In a slide presentation, he will note $113.4 million in expenses (a slight change from a previous report), with an ending balance of nearly $18 million (also a slight change), with 8 percent in prudent reserves of more than $9 million.