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Board approves positive certification of Coronado Unified second interim budget despite projected multi-year deficit
Summary
Deputy Superintendent Donnie Salamanca presented a second interim budget showing about $250,000 in additional state revenues and $340,000 increased expenditures; trustees authorized a positive certification while staff warned of a projected structural deficit of about $9 million across the next several years and recommended continued oversight.
The Coronado Unified School District Governing Board voted to authorize a positive certification for the district's second interim budget for the period ending Jan. 31, after a detailed presentation on revenues, expenditures and multi-year projections.
Deputy Superintendent Donnie Salamanca outlined the general fund overview: roughly a $50 million operating fund, an increase in other state revenues of about $250,000 related to award letters and new grants, and an increase in…
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