| State law requires districts of our size to submit a balanced budget, which includes a minimum reserve of at least 2% of expenditures, by June 30 of each fiscal year.
Thanks to the city’s Rainy Day Fund and the American Recovery and Reinvestment Act, SFUSD has been able to maintain many of its services for the 09-10 school year. However, based on the most current information available regarding the State fiscal outlook, the district expects that it will need to cut at least $113 million over the next two years.
The Board of Education and staff are discussing the strategic use of resources and carefully evaluating options. District budget development takes place over several months and includes negotiating employee contracts. The superintendent will present the Board of Education with budget proposals throughout the spring in order to coincide with other programmatic decisions.
During the first two weeks of March, public school parents and community members attended three community meetings (held at Horace Mann and Francisco Middle Schools and Thurgood Marshall High School) to learn about the Superintendent’s proposal for reducing $113 million from the budget over the next two years, the largest cuts to SFUSD ever in history. Participants saw what cuts are being proposed and, while at the meeting, provided district officials with feedback. This input was presented to the Board of Education for their consideration.
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