Gilbert Public Schools’ proposed maintenance and operations funds for fiscal year 2023-24 is a $15.72 million reduction from its latest revised budget for the current fiscal year.
But Associate Superintendent Bonnie Betz told the governing board that the reduction is really from the impact of budget balance carry forward — the unexpended balance at the end of a prior fiscal year that has been rolled forward to the next fiscal year.
Taking out the carry forward, the maintenance and operations budget actually increases $5.47 million from $268.77 million to $274.24 million, according to district documents.