Tight budget times ahead for district
MEGAN SPANGLER

The Yosemite Joint Union High School District will deficit spend for the next two years, using money from its ending balance. This year, the district expects to deficit spend by $290,000. Last year the deficit spending was $225,000.

There is enough money in the ending balance for the district to deficit spend for this period of time, according to District Superintendent Bill McCabe.
The projected revenue for the 2003-04 year is $10.06 million and the projected expenditures are $10.35 million.

The state did not give schools a cost of living allowance (COLA) this year but it is assumed that schools will receive a 1.84 percent COLA in 2004-05 and 2.4 percent in 2005-06.

In an effort to curb expenses, the district proposes not to hire any new positions through 2005; establish a 10 percent reduction in supplies and operating expenses and freeze all but essential expenses.
Eighty-four percent of the district budget goes to salaries and benefits.

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