Long Beach Herald has all the news you need regarding yesterday’s school budget/trustee vote. READ: School budget passes, Tangney and Mininsky retain seats
“By a count of 1,140 votes to 462, residents overwhelmingly approved the Long Beach School District’s $131.9 million budget for 2015-16 on Tuesday. The passing rate of 71 percent approval is the largest passing margin in over 15 years, school officials said.
The spending plan is a 1.48 percent increase over the current budget, and includes a 3.19 percent increase to the tax levy, the maximum allowed amount under the state’s tax cap formula. School officials say it will help the district get on a path to long-term financial sustainability and rely less on its reserve funds in the future. [LINK]