The failure of Measure 28 last week represented approximately $400,000 to School District 55, leaving the district’s budget for 2002-03 $68,000 in the red.
Cuts in state spending remain in place with the failure of Measure 28. Those cuts would have been backfilled by the measure had it passed using a three-year income tax increase of .5 percent.
Supt. Larry Horton said the district should underspend its budget for the year by about $300,000 if…