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Hart budget shrinks roughly $2.7M

School district to receive less funds from state, thanks to newly-implemented guidelines

Posted: August 12, 2013 2:00 a.m.
Updated: August 12, 2013 2:00 a.m.
 

The Hart district will see about $2.7 million less in revenue than originally projected this year, a revision officials say is a result of new state guidelines.

The budget revision was approved by members of the William S. Hart Union High School District board during their meeting Wednesday night and is necessary because of state approval of the Local Control Funding Formula, which alters how the state determines funding levels for schools.

“That wasn’t in place when we first examined the budget,” said district Chief Financial Officer Sue Hoerber of the formula. “We didn’t know at that time if it was going to be approved within the state’s budget.”

As a result of the implementation of the formula, the district will see $2,745,634 less in state aid than was originally budgeted, according to Hoerber.

The district’s approved budget for this fiscal year is approximately $179 million.

The district will cover the loss with money from its reserve fund, Hoerber said.

The Local Control Funding Formula, a major policy platform of Gov. Jerry Brown, seeks to increase funding to schools with high populations of students who are English-language-learners, live under the poverty line or are in foster care.

The formula also increases funding to schools with high populations of students who are English-language-learners, live under the poverty line or are in foster care.

As the funding formula goes into place, Hoerber said, the district should receive additional funding every year until 2020-2021, when the formula is fully implemented.

At that point, Hoerber said, the district is expected to be funded at the same levels as it was in 2007-2008, when school funding was at its peak.

“But we don’t know if that will happen yet,” she said.

Despite the change, the district continues to be deficit funded, receiving less money than it is supposed to from the state, Hoerber said.

Lmoney@signalscv.com
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