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Fairfield Union reports $30.2 million in revenue; CEP enrollment raised restricted funding but state budget vetoes leave uncertainty
Summary
The district reported $30.2 million in revenue for the year, higher state foundation payments tied partly to the district's CEP decision, and a year-end balance of $7.6 million; officials said portions of the new state budget were vetoed by the governor and clarifications are pending.
Fairfield Union Local School District officials reported $30,200,000 in total revenues for the fiscal year, up from $27,900,000 the prior year, and said the increase included stronger restricted funding tied to the district’s choice to operate Community Eligibility Provision (CEP) for school meals.
Treasury staff said overall tax receipts rose about 9 percent year over year, with property and income taxes each up just under 5 percent; state foundation payments rose about 11 percent for the…
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