The Santa Barbara School District came closer to finding the source of its budget surplus as staff accountants discovered that four programs- retirement benefits, workman’s comp, property liability insurance, and dental/vision funds-were underfunded, accounting for a bulk of the excess cash. The School Board decided to discuss on 9/11 restoring the elementary school music program cut last spring. Aided by a pledge from the Santa Barbara Education Foundation to kick in $25,000 toward the cause, board members remained optimistic that the program could be restored.
School Board Scrutinizes Budget Surplus
Wednesday, August 29, 2007
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