To address its budget crisis, the Pasadena Unified School District submitted a mandatory Fiscal Stabilization Plan to the County of Los Angeles in February and then took a major step in implementing that plan by issuing over 100 preliminary teacher and administrator layoff notices for the 2018-19 year by the legally required March 15 deadline. This plan reduced expenditures for the current 2017-18 year by about $4 million and by over $12 million for the 2018-19 year. The board then adopted its second interim budget on March 15, per county requirements. To try and reverse as many of...Read More
Author: Scott Phelps
The Pasadena Unified School District’s budget is not doing well. For the first time in memory, we have negatively certified our budget. Approximately $6.3 million in reductions need to be made in the current year to restore our state-mandated 3 percent reserve. Another $15-$20 million in reductions is required for the fiscal year that begins July 1. How could this have happened so quickly? Fundamentally, a newer reality exists. Unrestricted revenue and special education revenue have actually decreased over the last two years due to declining enrollment and the lack of significant increases in state funding, from $192,201,544...Read More
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