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Budget officer: December financial model showed a significant gap; district building proposed budget after $10M+ reductions
Summary
Budget Officer Stuart Kessler told the legal budget committee a December financial model showed a significant midterm gap under current service levels; staff have identified more than $10 million in reductions and will present a revised proposed budget on May 7.
Budget Officer Stuart Kessler presented a multi-year financial projection the district prepared in December and told the legal budget committee the model initially showed a large gap if the district maintained current service levels.
Kessler said the December projection used the governor's proposed budget and the district's known staffing and PERS assumptions at the time and that staff have since identified…
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