SAN DIEGO (CNS) - The San Diego Unified School District will receive an additional $45.7 million, but 44 percent of that will not be spent until the 2012-2013 fiscal year, Chief Financial Officer Ron Little said Tuesday.
Although no action was taken at Tuesday night's meeting, the Board of Education heard a presentation from Little on how the recently adopted state budget and a new schedule for the deferment of state funds promised to schools would affect district revenue.
The state will dole out $45.7 million to the district on top of its $1.057 billion operating budget, but 44 percent of those funds will be deferred until July 1, 2012 with an updated state deferral schedule, leaving the district with about $26 million extra this year. The funding deferrals have gone on for years as a way for the state to balance its own budget.
About $36 million of the additional funds will come from an anticipated $4 billion in tax revenue to go to California schools, but if those funds are not generated schools will be forced to make mid-year cuts.
"This is a very risky scenario with a lot of factors out of our control," said Board Member Scott Barnett.
Little said if $2 million of tax revenue is not reached by December, cuts will be necessary, including a school year shortened by seven days saving the district an estimated $26 million.
"This is an incredibly sobering report," said Superintendent Bill Kowba. "If we guess wrong at any point we could have an additional build of too much staff and too much commitment to something or another."
Kowba announced July 8, that the district would spend $26.7 million to recall the equivalent of about 300 full time teaching positions to keep class sizes small, 24 students per teacher in kindergarten through third grade, and 20 to one in 29 schools in economically disadvantaged areas.
Transportation officials Monday celebrate the completion of $28 million in improvements to the Oceanside Transit Center that they say will make holiday travel much smoother in the region.
Lanes are closed on Harbor Drive at 32nd due to a fatal crash involving a motorcycle and big rig truck.
Border patrol agents are still investigating Monday after a dangerous smuggling attempt off the La Jolla coast turned deadly Saturday night.
The sea of pink continued Sunday with 2,200 people marching in the name of breast cancer research funding on the third - and final - day of the Susan G. Komen San Diego 3-Day.
Five people beat to unconscious a 37-year-old man and then took his cell phone at the Horton Plaza in San Diego, a police officer said Sunday.
A non-injury fire Sunday completely destroyed one unit and damaged another in a Rancho Penasquitos apartment complex, displacing two families.
Pancho Segura, who rose from poverty to win six U.S. Pro singles and doubles championships and was one of the world's top amateur players in the 1940s and professionals in the 1950s, has died. He was 96.
A mistaken bump led to a man getting bit and cut with a knife near the Ocean Beach Pier, police said Sunday.