VIDEO. Cabrillo Unified School District Financial Overview and Considerations to Inform Mid-Term Financial Solvency. This is complicated and sad. Please watch (or listen) to the video so you understand how CUSD is funded. The building are irrelevant to the budget, comes from another funding source.
Do you know how the state funds schools?
Why aren’t corporations, the end-user of the public school product?
Keep in mind the property has has senior exemptions.
Parcel tax renewal would continue to be $150 per year, as was the previous parcel tax. No new taxes.
It represent $1.6 million, each year. Loosely, that represent 16 employees lost, each year, until the district goes to lay offs and furlough days.
Listen directly from our new CUSD Superintendent, Sean McPhetridge.
PODCAST and POWERPOINT. Last week, CUSD Board member, Sophia Layne, and I sat in one of the new library rooms to have a conversation on how school funding works in California and how it affects CUSD.