San Diego schools may tap $1.3 million in reserves - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

San Diego schools may tap $1.3 million in reserves

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SAN DIEGO (AP) - San Diego schools may have to pull $1.3 million from reserves to cover an ongoing program that provides services to low-income families.

U-T San Diego says it's the third time in the past four years that money may be pulled from reserve funding to sustain the early childhood education program.

More than 5,000 students are served by the program, which provides preschool and other services for the poor and teen students with child care needs.

Sid Salazar, who oversees the program enrolled 700 more students than anticipated.

The district had planned to use the reserve funds to help cover next year's budget deficit. Salazar says the district will try to obtain extra state money for the program to avoid using reserves.

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Information from: U-T San Diego

 

Copyright 2012 The Associated Press.

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