6/21/16 – SLO County, San Luis Coastal Unified School District react to Diablo decision

6/21/16 – SLO County, San Luis Coastal Unified School District react to Diablo decision

Publish Date: 6/21/2016

By: KSBY Staff

Source: KSBY

Link: http://www.ksby.com/story/32277871/slo-county-san-luis-coastal-unified-school-district-react-to-diablo-decision

San Luis Obispo County officials recognized the economic toll of PG&E’s decision to phase out the Diablo Canyon nuclear reactors, including looming cuts to school budgets.

The county released a statement after Tuesday’s announcement, saying “The plant’s operations account for approximately $10 million, or less than 2 percent of the county’s total budget. The closure will likely have a bigger impact on local schools and emergency services that receive a larger portion of their revenue from taxes and funds from the plant.”

PG&E announced it will give $50 million to the county to help offset the loss of property taxes.

The San Luis Coastal Unified School District says it will be hit hard when the plant closes. As a basic aid school district, it receives most of its funds through property taxes, including $10 million of its $85 million budget from Diablo Canyon. District officials warn they will have to make substantial cuts once the plant’s tax contributions are gone.

“Seeing what effect the plant closure is going to have is something that we’ll again try to work with our community on to do whatever we can do lessen, I would say, the effect on kids and student achievement,” said Ryan Pinkerton, the Assistant Superintendent of the San Luis Coastal Unified School District.

District officials say they’re not sure if the plant will continue to pay taxes until it is shut down, or if there will be a gradual reduction until the closure.

 

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