Post Classifieds

District falls into 'basic aid'

By Jeffrey Gonzalez
On April 19, 2012

The district has predicted their revenue will pass the state's limit, placing it into basic aid status for the 2012 to 2013 budget. When a school district's funds from the property taxes of its county and student fees exceed the state revenue limits it moves into basic aid status. If a district is basic aid, it does not have to share in the state education fund deficits."We will be basic aid next year," said Kathy Blackwood, Interim Executive Vice Chancellor. "That's our interpretation. I'm not sure who will decide though."The county council agrees that the district is basic aid, according to Blackwood.

The district, along with San Jose Evergreen and West Kern, will be joining Marin, Maricosta and South Orange counties in being the only districts on basic aid. Next year, the district projects it will get $98 million from property taxes and student fees. The state will give a revenue limit of $100 million, but take away $3 million to pay into the deficit factor. This puts the district one million dollars above the state's budget and into basic aid status.
California legislature is trying to pass a few tax initiatives to increase sales and income taxes, money 
which would go to the education system. If the tax initiatives do not pass, California community colleges would have to make a 6.1 percent reduction in their workload, which equals between $260 to $300 million of the 2012 to 2013 budget.  Since the district will be basic aid, it will not have to take part in the possible $300 million cut to the California community college budget.
Even on basic aid, the district will be running an $8 million deficit."We will still have to make cuts; we have to balance the budget," said Blackwood. "It just won't be as bad since we don't have to make the statewide cuts."

Get Top Stories Delivered Weekly

From Around the Web

Recent The San Matean News Articles

Discuss This Article



Log In

or Create an account

Employers & Housing Providers

Employers can list job opportunities for students

Post a Job

Housing Providers can list available housing

Post Housing

Log In

Forgot your password?

Your new password has been sent to your email!

Logout Successful!

You just missed it! This listing has been filled.

Post your own housing listing on Uloop and have students reach out to you!

Upload An Image

Please select an image to upload
Note: must be in .png, .gif or .jpg format
Provide URL where image can be downloaded
Note: must be in .png, .gif or .jpg format