BY Nick Sestanovich
The Governing Board of the Vacaville Unified School District will consider adopting with a projected $116 million in General Fund revenues for the 2020-21 academic year at its Thursday meeting.
The revenue assumptions used for the budget are based on projections from Gov. Gavin Newsom’s May revisions to the state budget. The district’s budget is also linked to the approval process of the Local Control Accountability Plan (LCAP), both of which require a public hearing and adoption. The budget approval process will have both at Thursday’s school board meeting, while an LCAP hearing will be held at a later date.
For the 2020-21 school year, VUSD is anticipating $5 million in local funding, $9 million in state funding, $4.6 million in federal funding and $97.9 million in funding from the Local Control Funding Formula (LCFF), a funding system which establishes grants in place of funding streams. Combined, the funding systems are projected to provide more than $116 million for the next school year.