By Nick Sestanovich
Benicia Unified School District would need to make $800,000 in ongoing adjustments for its budget to break even, Chief Business Official Tim Rahill reported at Thursday’s school board meeting.
On Jan. 10, Gov. Jerry Brown announced his final January budget proposal. After gathering information from the proposal, Rahill said BUSD would need to make $800,000 in continuing budget adjustments for the budget to become balanced and provide for California’s required minimum 3 percent reserve for economic uncertainties— which is currently $1.4 million— and the board policy reserve— which stands at $2 million.
“Both of those reserves are enacted to help provide financial stability for the district in tough economic times, such as continuing declining student enrollment which our district has experienced for at least two years in a row,” Rahill said.Reserves can also provide security in times of state or national recessions or economic slowdowns, Rahill said.
The chief business official said BUSD would receive an estimated $1.3 million in one-time funds, which would be spent on items like books, technology, 21st-century classrooms and professional development, including the instructional coaching model. The money would not be spent on items that have a cost to the district over multiple years.