Why isn the District using textbook funds that have been released by the State of California into the District General Fund to help keep class size low?
Textbook funds were made a part of the “Tier 3” categorical funds by the State during this financial crisis. This allows the textbook funds to be used as unrestricted money to help offset reductions in revenue limit funding. The District has swept textbook funds into the unrestricted general fund for use with all the other Tier 3 funds that were swept. The budget projections include the use of this funding for unrestricted purposes already. The Distrist is not holding these funds aside for future textbook adoptions.
Related Questions
- I have operations outside of the State of California. Can ALTA Alliance Bank help me deposit the funds from those states without requiring me to set up a local banking relationship in those states?
- Does a charter school qualify for state and federal grant funds in the same manner as a local school district?
- Has the district considered using on-line courses/virtual school to help relieve large class sizes?