By Nick Sestanovich
The school board approved Benicia Unified School District’s second interim financial report at Thursday’s school board meeting.
According to Chief Business Official Tim Rahill, BUSD’s revenue for 2017-18 is at $44.4 million. Thirty-seven percent of the revenue comes from the Local Control Funding Formula, 6 percent comes from local and other funds, 5 percent comes from state funds and 2 percent comes from the federal government. Of the LCFF funds, 37 percent is covered by property taxes and 63 percent comes from the state budget.