SMMUSD will formally adopt its budget at the end of this month but the Board heard a preliminary update last week with bad news in the short term.

The District projected total revenues for next school year as $132,538,788. That is projected to increase slightly to $137,119,554 for the 24/25 school year. Expenses are estimated to be $141,918,920 for next year and $139,110,031 for the 24/25 year.

Read More: https://smdp.com/2023/06/07/school-budget-hits-the-red-starting-next-year/