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Board Approves Budget, Extends Charter With Lvcs

DALLAS -- The Dallas School Board approved its 2013-14 budget Monday, still without final word on how much funding will come its way as the state legislature continues budget talks.The board approved a $35.1 million total budget, with nearly $24.9 million in the general fund, based on an assumption of a $6.55 billion state school fund for the 2013-15 biennium.That figure, however, is not set in stone as state lawmakers were still debating the state's budget as of the board's vote, with the new fiscal year just a week away.Superintendent Christy Perry said Monday "no news is good news" on the schools budget, which was slated for a vote Wednesday. She said there still is talk of more Public Employee Retirement System (PERS) reforms, and the slight possibility the state school fund could come in higher than $6.55 billion for the biennium.Perry noted that at $790,843, the district's contingency fund is still too low, so any PERS savings or unanticipated income would be directed there first.The school board is required by law to adopt its budget before July 1, so it couldn't wait much longer for the legislature. If there is any significant change, the district will deal with it after the state approves its 2013-15 spending plan."If we have to reconvene the budget committee, that is what we will do," Perry said.In other business, the board:* Approved a 10-year charter extension with Luckiamute Valley Charter School (LVCS), which includes the continuation of the lease of the school's Pedee and Bridgeport campus buildings from the district. The lease costs the charter school $1 per year.The district and charter school are in the middle of negotiating the sale of the LVCS Pedee and Bridgeport campus buildings to the charter school. With the sale still pending, the board also voted to have Perry continue negotiations.The LVCS charter now runs through June 30, 2023.

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