At the RKUESD December Board of Trustees meeting, the district’s first interim budget will be shared. This is the second of four annual budget documents that is approved by the school board. All four of these budget documents include a multi-year projection for the current budget year and two subsequent fiscal years. Each school district must show that they will be able to maintain a positive fund balance for each of those years.
The 1st interim that will be reported to the board at the December meeting demonstrates the required fund balance for this year and the two subsequent years. This budget is based on our current enrollment remaining steady, however. It is extremely important that your student(s) maintain good attendance habits. Schools are given money based on actual attendance in school, not on the number of students enrolled.
As you are aware, California voters passed Proposition 30, which will help all districts maintain their solvency for the next few years. Many people believe that this will solve the school’s budget crisis, but this proposition only made it possible to maintain funding at last year’s levels. There is not any new funding as a result of the proposition.
For RKUESD, the passage of proposition 30 will result in the reduction of our deficit spending by about $30,000 for this fiscal year.
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