TUSD leaders report $285K revenue decrease this year – The Reporter

By Richard Bammer

Travis Unified leaders reported that the school district’s 2018-19 budget will incur a nearly $285,000 revenue decrease, due mainly to a cut in so-called “one-time” dollars from the state Department of Education.

Chief Business Officer Sonia Lasyone made the announcement during her 45-day budget report during the governing board’s once-monthly meeting Tuesday in Fairfield. (California school districts are required to prepare and announce publicly a 45-day budget revision 45 days after the governor signs the state budget.)

Lasyone reported a net revenue decrease of $283,564 to the five-member governing board, saying that, while Gov. Jerry Brown’s 2018-19 revised general fund budget of $139 billion provides for an increase in Local Control Funding Formula (LCFF), it also includes a cut to the “one-time mandate dollars,” according to the text of the district’s board briefs, which were issued Wednesday.

Source: Travis Unified School District leaders report $285K revenue decrease this year

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