At the first meeting on April 3rd, the Budget Committee asked questions about the cost of living adjustment rate used in the proposed budget. The Budget Officer will present a revised proposal at the May 1st Committee meeting that incorporates a lower rate.
District staff are firming up projections of revenue and expenditures through June 30, 2013. The revised proposal to be presented on May 1st will include a better estimate of the cash on hand at the start of the 2013-2014 fiscal year on July 1st.