FOCUS: ORANGE COUNTY COMMUNITY NEWS : NEWPORT BEACH
Less than 48 hours before classes begin, school board members Tuesday night unanimously approved a $120-million balanced budget for the 1999-2000 school year.
Though the district is expected to bring in $118.6 million next year while spending $120 million, Mike Fine, assistant superintendent for business services, assured board members that the budget contains no deficit.
“You are absolutely in the black,” he said. Last spring, after revealing that the district faced a $4.8-million deficit for the 1998-99 school year, Supt. Robert Barbot promised that Newport-Mesa would never again engage in deficit-spending.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
