The district administration has adopted two separate budgets for the fiscal year 2012-2013.
Both budgets are determined by the outcome of Proposition 30, the school and public safety protection act, Gov. Jerry Brown’s tax initiative that aims to increase school funding by proposing a one to three percent tax increase on top-earners.
One budget that assumes Proposition 30 will pass, the other that Proposition 30 will fail.
Administration is taking a “conservative approach” to the budget said Vice Chancellor Douglas Smith. Currently the district is operating as if it won’ t receive any additional federal funding.
Additionally, polls by PACE/USC Rossier School of Education show that support for Proposition 30 among voters is on a downward trend.
The lack of the supplementary federal funding may result in the district qualifying for the funding tier called “Basic Aid.”
The tier is “generally reserved for high-end real estate areas,” said Charles Heimler, member of the district budget committee. Basic Aid funding relies heavily on local taxes, and currently, the district gains a very high percentage of its revenue through local taxes.
The administration has tried to cushion the school from budget uncertainty.