Good Financial Stewardship Means Governor’s New Budget Cuts Will Not Impact Berkeley Public Schools in 2011-12
Berkeley, CA – December 21, 2011 – The mid-year cuts enacted last week by Governor Brown will cost Berkeley Unified School District approximately $600,000 in revenue for the 2011-12 school year. This cut will not result in any reduction this school year, but will be taken from budget reserves. End-of-year reserves are still expected to be above the required amounts at the end of the 2011-12 school year.
According to Deputy Superintendent Javetta Cleveland, BUSD’s Chief Financial Officer, “We will face some challenges in light of what is happening in Sacramento, but because of good financial stewardship BUSD is in good shape in the current school year.”
The District faces a potentially challenging fiscal problem in the 2012-13 budget. Governor Brown has indicated that there will be further cuts to public education. That, coupled with a loss of roughly $2 million in federal stimulus money and a drop in student enrollment (ADA) due to enrollment in charter schools, would result in a significant revenue gap and create a budget deficit for 2012-13.
Superintendent William Huyett said, “We will have to wait for the Governor’s proposed budget before we can determine the size of our budget problem for 2012-13.”
