South San Francisco, CA March 13, 2015 Submitted by John Horgan SSFUSD 
The trustees of the South San Francisco Unified School District got some good news at their March 12 meeting: The District’s budget is in good shape _ and getting better.
According to an administrative mid-year analysis, the District’s financial condition is healthy. Deficit spending is easing significantly and cash flow is positive.
Even more heartening were projections into the near future. The new numbers indicated that total revenues will exceed expenditures in both 2015-16 and 2016-17, by an expected $4.3 million and $3.9 million respectively.
Like other public school districts in California, South San Francisco, which receives the bulk of its operating money from local property taxes (as opposed to state reimbursements based on enrollment), is adjusting to new funding rules imposed by the state.
The District’s general fund revenues currently are predicted to be about $77 million. Those are projected to increase over the next two fiscal years to nearly $84 million in 2016-17.