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Newspaper
Irvine World News
Location
Irvine, California, United States of America
Date
Jun 27, 2013
Page
5
The Great Park board approved a 1 million dollar contingency to support programs facing funding loss if outsourcing to the Foundation for the Great Park proceeds. The move follows a 24.6 million dollar budget and potential bid processes for new park operators.
The Irvine Unified School District unanimously adopted a 2013-14 budget of 233 million dollars while relying on the new Local Control Funding Formula. Officials warn changes to funding are likely as state plans evolve, with deficits offset by pulling 8 million from the district’s general fund and a 5 million state payment anticipated to support Common Core needs.
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