A structural deficit that began for the Glendale Unified School District more than a decade ago appears destined to continue into the future, according to a district report presented at the last school board meeting. District staff is projecting the General Fund Reserve balance to dip to $43.51 million by the end of this school year, which would be its lowest since $39.57 million five years earlier. Glendale Unified is projecting a deficit of roughly $5.8 million for the current school year, a significant jump from when the budget was formally adopted in June. Last year, Glendale Unified staff filed a qualified budget at the first interim deadline that indicated the district might not be able to meet its financial obligations. The certification led the county to warn Glendale Unified via a Jan. 14, 2018, letter to make corrections to the budget or risk potential county “intervention.”Two weeks later, Glendale Unified dismissed Supt.

Source: Los Angeles Times January 04, 2020 00:08 UTC