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Martinez Unified projects narrowing deficit but still plans cuts; board approves second interim budget report
Summary
The board voted to approve the district’s second interim budget report on March 10. Business officials reported a projected multi-year deficit that narrows under current assumptions but could fall close to the 3% required reserve if negotiated raises are applied.
The Martinez Unified School District board approved its second interim budget report March 10 after a staff presentation that stressed constrained but improving fiscal indicators.
Andy Cannon, the district’s business official, told trustees the district projects a multi-year deficit but called attention to improved enrollment and attendance trends. “We have had 2 years of enrollment growth,” Cannon said, noting that attendance gains had raised funded average daily attendance and revenue assumptions compared with prior years.
Cannon report…
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