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Board approves $40M rainy-day withdrawal and increases First Student transportation authorization to cover higher SPED costs
Summary
The board authorized a $40 million withdrawal from the rainy day reserve tied to Proposition G salary add-ons and approved an increase to the First Student contract to cover unexpectedly high special-education transportation costs, while directing staff to pursue routing changes and an RFP that factors in zero-emission goals.
The Board of Education on May 28 approved two major fiscal items: a requested $40,000,000 withdrawal from the district's rainy day reserve and an increase to the not-to-exceed amount for the district's contract with First Student to cover higher-than-anticipated transportation costs.
Chief Financial Officer Rita Madavan told the board the $40 million request would support salary add-ons provided in fiscal year 2018-19 under Proposition G (the Living Wage for Educators Act) and noted the measure faces a legal challenge. "The requested action is that the Board of Education approve a withdrawal from the school district's rainy day reserve in an…
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