Item Coversheet

Santa Barbara Unified School District


Item Title:Budget Update - Reducing the Budget Deficit (Matsuoka)
Agenda Title:Budget Update - Reducing the Budget Deficit (Matsuoka)
Background:The superintendent and fiscal team have been working steadily to identify savings and reduce the budget deficit in the 2019-2020 school year. We have identified $3.8 million dollars in savings so far and more savings will be identified in the coming weeks and months
Recommendation:Read the report, ask questions 
Resource Person:Cary Matsuoka, Superintendent
Fiscal Impact:A savings of $3.8 million dollars in the current year
Funding Source:Mostly the General Fund

ATTACHMENTS:
File Name
Budget_Update_-_1_22_20.docx