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Title : SCUSD Ends 2018-19 With Unrestricted General Fund Surplus - Sacramento City Teachers Association
link : SCUSD Ends 2018-19 With Unrestricted General Fund Surplus - Sacramento City Teachers Association
SCUSD Ends 2018-19 With Unrestricted General Fund Surplus - Sacramento City Teachers Association
SCUSD Ends 2018-19 With Unrestricted General Fund Surplus - Sacramento City Teachers AssociationSCUSD Ends 2018-19 With Unrestricted General Fund Surplus
In 2018-19, the Sacramento City Unified School District submitted five budgets.
In each of the budgets, the District projected massive deficit spending from $20 to $34 million, while District administrators and the School Board repeatedly told the public that the District was on the verge of being taken over by the State.
Last night (Labor Day, September 2, 2019), the District released its end-of-the-year actual unaudited budget financial report. Rather than a massive deficit, however, the District ran an unrestricted general fund surplus of $857,200, further confirming that the District was never on the brink of insolvency.
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