With state revenues about $600 million less than conservative estimates for July and August, the Pleasanton school board learned Tuesday night that it may be facing some mid-year cuts.
Luz Cazares, assistant superintendent of business services told board members that the drop in predicted revenue could mean triggers built into the budget could be pulled in December; that may mean cuts of up to $3.8 million in revenues for the district.
Cazares said triggers would hit schools across the state if revenues are $2 billion less than anticipated. The amount schools lose would depend on exactly how much below budget forecasts the actual revenues are.
The next indication of the revenue picture from the state will come in November from the state Legislative Analyst's Office (LAO). Cazares said usually, the LAO report helps school finance officials start to prepare the budget for the following year, not the current one.
Board member Chris Grant said, for the short term, the district is doing well.
"I think we're well positioned in the short term," he said, adding, "things could get ugly quickly."