SAN RAMON -- The San Ramon Valley Unified School District will get $6.5 million more from the state than it budgeted in June this school year to better serve its 31,000 students.
School board members approved a revised 2013-14 budget Aug. 6 that included the influx of cash from the governor's new Local Control Funding Formula. The formula aims to increase district spending flexibility and allocate extra funds for districts with high-need student populations -- including English Language Learners, foster youth and those receiving free and reduced lunches.
Since only an estimated 5 percent of San Ramon's student population falls into one of those categories, most of that money, or $6.2 million, will be unrestricted, officials said. Districts won't know for certain how they can spend the restricted portions until the state Board of Education releases regulations sometime before Jan. 31. The district will also get a one-time $5.99 million boost to implement the Common Core State Standards, curriculum that will be tested statewide in 2014-15.
About $756,000 of the new money will help the district begin decreasing class sizes to 24 students per teacher in kindergarten through third grade at each campus, a requirement of the new funding system. For the first time in several years, the district projects ending the year with a surplus in unrestricted funds, totaling $2.2 million. By the end of the fiscal year, the district's total reserve is expected to top $23.5 million, or 9.6 percent of the general fund.
Ashly McGlone covers San Ramon. Contact her at 510-293-2463. Follow her at Twitter.com/AshlyReports.