In a year with a lot of bad financial news, the budget picture for the Windsor Unified School District has only gotten better, with the district moving from significant losses in earlier budget incarnations, to now a healthy reserve and budget surplus.
When Chief Business Officer Lois Standring presented her second interim budget for approval at the March 16 school board meeting, she pointed out that second interim always brings new clarity, with the first draft of the governor’s budget as well as a more complete picture of the attendance numbers.
The governor’s budget delivers a lot of good news for school districts including a significant and compounded increase in cost of living adjustment (COLA), and increase in funding for special education preschool programs and the end of deferrals.
The COLA increase of 3.84% is compounded, which means it is…