By Ashly McGlone

SAN RAMON -- San Ramon schools could get $4 million in new state money under the governor's novel school funding system, dollars that would propel the district back into the black for the first time in several years, district officials estimate.

The school board unanimously adopted a budget Tuesday for the coming school year that did not include those funds, since the governor has yet to sign the funding system into law, said Scott Anderson, chief business officer for the district. The board will reconsider the budget with new funding levels in late August.

Without the cash influx for the time being, district officials anticipate spending $3.44 million more than they receive in unrestricted funds in the coming school year. With the new dollars, the district could end next school year with $748,433 left over.

Expenses approved in the budget include a 7 percent medical premium increase for employees, a $500,000 increase in maintenance funding and $858,926 to implement the new state mandated common core standards.

Helping the district's bottom line further is a continued increase in enrollment; some 500 new students are anticipated to join the district in the fall, bringing the district to 31,248 students. The state's plans to resume funding cost of living increases will also help, officials said.

The governor says his Local Control Funding Formula aims to give local districts more spending flexibility and will give more money to districts serving high populations of students from low-income families, in foster care and English learners. Recent changes made to the formula under a compromise with the Legislature that shifted more funding to nonspecialized base grants will benefit San Ramon, Anderson said.

Ashly McGlone covers San Leandro, San Lorenzo, San Ramon and the Washington Township Health Care District. Contact her at 510-293-2463. Follow her at Twitter.com/AshlyReports.