Well, here's the standard list of what "budget cuts" means. Obviously there's nothing else in the state budget that could absorb the overruns....
The politics here is obvious, of course. He's pushing for a tax increase.
How about they get rid of the Principal's secretary and make the assistant principal do the work? How about laying off every third non-teaching teacher? How about restructuring the way you pay your school administrators? How about delaying cutting the grass on gov't/public property by 1 or 2 weeks? How about getting rid of the cleaning service in your office and have you clean your own office?
Just some suggestions.