The District's Budget Update
The Galt Joint Union High School District finally published its unaudited actuals. Essentially, these are updated budget numbers as of September. Here are the highlights:
- The District's ending balance on June 30, 2010 was $3,681,583 in the positive!
- The District will receive about $1.1 million more in 2010/11 than they expected in June
- SInce the District is anticipating a $1.4 deficit in 2010/11, the worst case scenario leaves them with an ending balance of over $3.3 million
It is unclear why the District insists on hurting the education services we offer the community when the money is clearly in its bank account.