Turlock City News

Turlock City News

Turlock School District Adopts ‘Place Holder’ Budget, Waiting on State Budget

The Turlock Unified School District (TUSD) Board of Trustees adopted the 2011-12 fiscal year budget Tuesday night with a unanimous vote.

The Board had little choice, as they are required to adopt the budget prior to July 1, 2011, even if there is no State budget in place at that time.

As proposed by Governor Jerry Brown in January, TUSD faced an estimated $4.6 million reduction in funding for the 2011-12 budget if temporary taxes were not extended.
Lori Decker, TUSD Chief Financial Officer, explained the budget and its components.
“I call it a place holder budget because we really don’t know what our revenues are going to be,” said Decker.
The total general fund revenue will provide over $108 million, with almost 70 percent of the revenue derived from the state revenue limit.
Total general fund expenditures add up to almost $108 million, with salary and benefits being 84 percent of the cost.
The on-going unrestricted structural deficit of about $1.4 million will be carried over to the 2011-12 fiscal year.
“This is very volatile,” commented Trustee Loren Holt. “It could and probably will change as we get closer to the end of the year.”
Trustee Holt said that the budget is not as bad as other districts around our area that are still taking significant reductions to their budget.
The 2011-12 budget was approved with a 5-0 vote (TUSD Board President Frank Lima and Trustee John Sims were absent).

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