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McFadden urges cautious approach to spending

Posted: Thursday, Dec 6th, 2012

WATSONVILLE — Pajaro Valley Unified School District Chief Business Officer Brett McFadden told the board of trustees Wednesday night that the district will be able to submit a positive first interim budget report, meaning that it can meet its financial obligations over the next three years.

That’s thanks to the passage in November of Proposition 30, which will raise personal income taxes on wealthy Californians and impose a temporary quarter-cent sales tax to help balance the state budget.

McFadden said that means the district will not have to make more than $7 million in cuts this year.

It also means that approximately $7 million the district set aside in case Proposition 30 did not pass will go back to the district’s general fund.

That money has provided a ray of hope for many in the district who have seen the effects of years of cuts.

Pajaro Valley Federation of Teachers Executive Director Jack Carroll asked the trustees to use the money immediately to lower class sizes and rehire counselors who were laid off, among other things.

“That money is available right now,” he said. “To postpone it to February, I think, would do our students a disservice. That is a decision I urge you to make soon.”

For the complete article see the 12-06-2012 issue.

Click here to purchase an electronic version of the 12-06-2012 paper.

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