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SACRAMENTO, CA – On Thursday night, the Sacramento City Unified Board of Education unanimously approved a $555.3 million budget for the upcoming fiscal year. In recent years the district has been facing a number of significant cost increases to cover its obligations, including a state-mandated increase in the amount school districts have to pay for pension contributions administered by CalPERS and CalSTRS and rising health care costs. To balance the budget, the district projects it will need to spend $24.3 million from its reserves in the 2018-19 fiscal year.