Fairfield school board looks at projected shortfall of $35.7M – Daily Republic

By Susan Hiland

An early view of the Fairfield-Suisun School District’s financial picture shows a shortfall in the general fund of tens of millions of dollars and the need to reduce costs in coming years.

The School Board will vote Thursday on the second interim report and certification of the district’s ability to meet its financial obligations for the coming year.

The financial review has several parts: district certification of the interim report; a general fund statement of revenues, expenditures and changes in fund balance that are either unrestricted resources or restricted resources; a combined summary that includes average daily attendance, criteria and standards, a cash flow statement, a multiple-year projection and assumptions along with the combined resources summary for unrestricted resources or restricted resources.

Source: Fairfield school board looks at projected shortfall of $35.7M

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