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Message from Superintendent Walker: School Funding Update

Dear IUSD Community, Thank you to the nearly 2,500 stakeholders who participated in the Irvine Unified School District’s recent additional investments survey, as part of the Local Control and Accountability Plan (LCAP) process.  The LCAP is an important part of our annual process because it aligns IUSD’s strategic planning with our budget to ensure we accomplish both State and District goals.

IUSD Board of Education approves accountability plan, adopts budget for 2014-15

The IUSD Board of Education has adopted a spending plan for the 2014-15 school year. The plan, which reflects the state’s latest projections from May, as well as the district’s priorities from a brand new accountability report, outlines $257.8 million worth of expenditures – both restricted and unrestricted – against $246.9 million worth of total revenue. The difference will be offset by one-time dollars, as IUSD looks to strategically spend down reserves it built up to weather the state’s fiscal crisis.

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