School district must identify over $2 million in budget cuts to avoid future deficit
Shortfall could result in teacher layoffs
Shortfall could result in teacher layoffs–At the most recent Paso Robles Joint Unified School District board meeting, Chief Business Officer Brad Pawlowski presented the 1st interim report for the 2018-2019 fiscal school year. It projected the district’s reserve at the end of this fiscal year to be $1,363,050 or 1.78-percent of the annual operating budget, a sharp decline from 10-percent in 2015. In the next fiscal year, 2019-2020, the reserve drops to $782,363 or 0.99-percent. For the following fiscal year, 2020-2021, if the district operates at its current levels, the reserve will drop to $-631,804 or -0.78-percent.
To correct the situation, the board will consider a resolution confirming the district’s commitment to fiscal solvency. The resolution was drafted at the request of the county. By the end of February the district must identify an estimated $2.1 million in cuts from next year’s budget, according to reports. During the 2019-20 fiscal year, officials will also need to find an additional $800,000 in reductions from the 2020-21 budget, reports say.
The cuts will need to come from a variety of places, including a potential reduction of faculty and staff.
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