On May 5, 2011, Associate Superintendent Rich Fagan provided a third interim report to the Board of Education.
The district is required by law to submit a three-year budget plan to the Sacramento County Office of Education by July 1. EGUSD’s budget held a qualified certification since the fall of 2009. The district now faces the possibility of negative certification, which is assigned when a district will be unable to meet its financial obligations for the remainder of the current year or for the subsequent fiscal year. Even after EGUSD’s implements the $34.2 million of identified budget cuts for 2011-2012, the three-year budget plan includes a negative balance in 2012-2013 and again in 2013-2014. A negative certification will likely result in a State fiscal advisor being assigned to the District to assist with identifying areas for reduction.