[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6305147,"mediaKeyId","2450147-2790233e5435cff113fc79d1ec908f29","parentId",2450147,"title","Audit issues limited internal-control findings; board approves several personnel and vendor items in unanimous votes","audioSeconds",957,"startMs",8545000,"endMs",9502000,"viewUrl","/Search/View?dp=1&key=2450147-2790233e5435cff113fc79d1ec908f29&start=8545&end=9502","thumbnailUrl","https://assets.pipeline.soar.com/2450147-2790233e5435cff113fc79d1ec908f29/thumbnail_8545000.jpg","articleUrl","/articles/6305147/California/Audit-issues-limited-internal-control-findings-board-approves-several-personnel-and-vendor-items-in-unanimous-votes","mediaUrl","https://secure.pipeline.soar.com/6305147-854903c6c2400f17a4f06aed35c45b52/orig.mp4?Expires=1776507742&Signature=bqHrD0vQ5H2kUYayvMj6-cx4Xnpi1mQG6spBRFYrbaVnjpqnaacWyogbISGV-M0L2C7mO4~8Gm81g6U7K~S-60zDqWytjDQZuknrjitrPdmBj6OTBy14vZy26S-i~Fce5Tzt-~dnyAaD2IJiDU1N~tHZ7DqRhI0CYzLgiyPKoDQzESe~11hDnWJt13XropJE9c79BlnRmMgOVYZTV3yyBBNjo7kMsSso3ijHvVntOzTCEQ7tYZau4j5m9DsQ3IxQgIbkcxuwJ4ggWqBV6CvZO50q9Mx6qa4J~Lj15kmDuxl~cDCG4zfRN3rKaXEygJaVegP~OvGFr2~zge4LjSVc7w__&Key-Pair-Id=KUT5TJCACFTXG","author","San Ysidro Elementary","date","2025-02-28T12:21:22Z","article","An independent auditor told the San Ysidro School District board that the fiscal-year 2023-24 financial statements received an unmodified opinion and that the district's federal programs audited (Child Nutrition, Special Education and Head Start) showed no compliance findings.

Lede: The audit firm issued an unmodified opinion on the district's basic financial statements for the year ended June 30, 2024, while reporting two internal control findings: one material weakness (audit-adjusting journal entries and prior-period apportionment errors involving the county) and one significant deficiency related to payroll time-reporting discrepancies.

Nut graf: The auditor said the financial statements fairly present the district's position. The two findings do not affect the audit opinion but include required recommendations: to correct misstatements through audit adjustments and to strengthen payroll internal controls so employees are paid for verified time worked.

Board action: votes at a glance

At the meeting the board took a series of routine votes on personnel notices, service reductions and vendor agreements. The clerk recorded the following outcomes (all motions carried by majority voice vote as shown in the minutes):

- Resolution No. 24/25-0025: Temporary certificated employee release (notice of intent to release temporary certificated employees at the close of the 2024-25 school year). Outcome: approved, vote tally recorded as 5-0.

- Resolution (probationary certificated non-reelection): Notice to probationary certificated staff of intent to release/non-reelect for 2025-26. Outcome: approved, vote tally recorded as 5-0.

- Resolution (reduction and/or discontinuation of particular kinds of services): Preliminary layoff/service-reduction notices for fiscal reasons, with detailed positions listed in board materials. Outcome: approved, vote tally recorded as 5-0.

- Agreement: Cynthia Miloszak (full-time voluntary transfer / substitute principal) at San Ysidro School District. Outcome: approved, vote tally recorded as 5-0. The transcript records \"Martinez makes the motion\" for this item.

- Agreement: Guest speaker Ale Delasco for Ocean View Hills Elementary (03/05/2025). Outcome: approved, vote tally recorded as 5-0.

Auditor details and findings

- Opinion: The auditor delivered an unmodified (clean) opinion on the district's financial statements for year ending 06/30/2024 and an unmodified compliance opinion for the audited federal programs.

- Findings: The auditor listed two findings in the report: (1) a material weakness involving misstatements that required audit-adjusting journal entries (partly arising from a county apportionment error that allocated funds to the wrong district) and (2) a significant deficiency in payroll internal controls, citing discrepancies between time worked and time reported and recommending strengthened controls over payroll reporting.

Ending

The board accepted the audit presentation and continued with the agenda. Staff and auditors noted they will follow up on corrective actions for the two findings; the district will incorporate the second-interim budget and required personnel notices on future agendas.","mediaType","Video","parentTitle","SYSD Special Board Meeting (2/27/25)","oneSentenceSummary","Auditors issued an unmodified opinion on the district's 2023-24 financial statements, reported two internal-control findings, and the board approved a set of resolutions and agreements by voice vote (all recorded as Aye).","taxTitle","San Ysidro Elementary, School Districts, California","taxId",55177,"location","California","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6305152,"District projects multi-year budget gap, enrollment decline and pension pressures; staff outlines timeline",805,7679000,8484000,"/Search/View?dp=1&key=2450147-2790233e5435cff113fc79d1ec908f29&start=7679&end=8484","https://assets.pipeline.soar.com/2450147-2790233e5435cff113fc79d1ec908f29/thumbnail_7679000.jpg","/articles/6305152/California/District-projects-multi-year-budget-gap-enrollment-decline-and-pension-pressures-staff-outlines-timeline","https://secure.pipeline.soar.com/6305152-6a5c3376977156b6fe229d567465aaf3/orig.mp4?Expires=1776507742&Signature=aFFSzhDyNLj~~XgwXFqRAPMEYRYIkbjkCkZtXEbtuvnsJdUUjXw4SEdnakDUpUryIL2AsQTao8zWlbYk9qI~VHo70Kz3FzsOqRIKGNTYoAOse80UpAUHe4MdUo8xpbiYBmZMkAvuWf0TrfwDB~JVtTVsyDwPMr5eh3ZNFAjaGTNkgnyJ0oxbh9hcLZzhIYUsm4kNjnQRIC76ohmnl~8venJBrClXyo6MXSzNgRGON11rlDVcoBIxkor~Jv~LwEfTPv3IBhYmxADwG42Pf4zDKO3Z0N2JC7ucDJi4CS~S~bvpYhjRcU05AreF7lu6GaOmyMF87mxyG3Cyu92qWTxONA__&Key-Pair-Id=KUT5TJCACFTXG","Marilyn Edenton, the district's business official, presented an overview of the San Ysidro School District's current budget assumptions and multi-year projection at the board meeting.

Lede: The district projects deficit spending in its multi-year financial forecast driven by lower enrollment, rising pension costs and insufficient state cost-of-living adjustments, staff said.

Nut graf: At first interim the district estimated $92.7 million in total revenue, with Local Control Funding Formula (LCFF) revenue accounting for roughly 70 percent of the general fund; staff said general fund expenditures were estimated at $87.0 million and that salaries and benefits make up about 72 percent of the general fund. Edenton told the board the district built a 2.43 percent COLA for the next fiscal year in its projection, but she said many districts believe 4 percent is closer to what is needed to cover salary-step and column increases.

Supporting details

- Enrollment and revenue: Edenton said current enrollment is 4,144 students, a decline of 61 students for the year, and a seven-year decline of about 589 students (she noted a seven-year revenue loss estimate of about $6.4 million). The current-year enrollment change equates to a roughly $700,000 to $900,000 LCFF revenue reduction versus prior projection.

- Pensions and benefits: Employer rates for STRS and PERS are rising; the district included employer STRS at 19.1 percent and expects PERS employer rates to continue increasing. Edenton said pension and health/welfare increases contributed roughly $300,000 in near-term pressure and a cumulative $7.2 million increase since 2013-14.

- Special education and federal funding: The district estimated special-education costs at about $13 million, with a general-fund contribution of $6 million to $7 million annually and roughly $1 million of projected annual special-education cost growth. Edenton listed several federal funding streams that could be at risk (Title I, Title II, Title III, Title IV, federal special-education allocations and National School Lunch Program funding) and gave rough annual amounts the district currently receives or could lose (for example, roughly $2.6 million for the National School Lunch Program and $1.1 million for the federal portion of special education). She said the district had fully spent one-time federal stimulus funds and learning recovery block grants that had been supporting staffing.

- Prior-year liabilities: Edenton summarized several inherited liabilities the district has resolved, including repayment of prior overstatements and completed debt service on several loans using Measure T proceeds.

Board questions and next steps

Board members asked for enrollment-comparison data with neighboring districts and for more detail on transfer-in/transfer-out counts; staff said those comparisons could be provided. The district's proposed budget and Local Control Accountability Plan (LCAP) schedule remains on the usual cycle: second interim on March 13, public hearings in June, adoption in June and submission to county in July.

Ending

Edenton said staff will return with second-interim updates and more comparative enrollment data; the board will consider required layoff notices and budget resolutions in the March and subsequent meetings.","Business official presented the district's first-interim budget projections showing a small current-year deficit, built-in COLA estimates of 2.43% for next year, rising pension costs and a seven-year decline of about 589 students.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6305158,"Board workshop outlines bond issuance options, refinancing that could save taxpayers $37 million; district previews campus projects",9791,3207000,12998000,"/Search/View?dp=1&key=2450147-2790233e5435cff113fc79d1ec908f29&start=3207&end=12998","https://assets.pipeline.soar.com/2450147-2790233e5435cff113fc79d1ec908f29/thumbnail_3207000.jpg","/articles/6305158/California/Board-workshop-outlines-bond-issuance-options-refinancing-that-could-save-taxpayers-37-million-district-previews-campus-projects","https://secure.pipeline.soar.com/6305158-1ad3e41cdc56b9aa0974358a28f1806c/orig.mp4?Expires=1776507742&Signature=GraoCpl0T~WZ6pLFxoipW0XAaqhUee-2r8J8c8QSxiSsOxj4y2Q6C83KQh-oPk3zTZNcrSys5KDhrzqABHtLy1vayuDxyR3nWH0gb6t8z1R-wxLpoHsS~g~EBo6mriXLFsppoH0be7qW23mfIEvJ9zNGXgvvv60jPFWUtMmPCUOM0F~Bxz0bon-WPZ87Dc8~qU8LL3P4XTYNCIU48AJ3S3qVL6WnJjJKzhZSwz8OmkZso1ANjWK19CfPb21qDoi63bW4vNFdxKkfHnWcN1-BDj4-6aN2zl1gp7uvy9zHCZSyPztoQy05dSUuZRtHjTQz1fvExFautEBTMbpl-lHm5w__&Key-Pair-Id=KUT5TJCACFTXG","Consultants told the San Ysidro School District Board of Trustees that refinancing portions of the district's high-interest general obligation debt could produce large taxpayer savings while the board considers how to issue remaining voter-approved bonds.

At a board workshop, the district's bond adviser described three connected items: options to issue the remainder of Measure T and Measure U bonds approved in 2020; a plan to refinance older capital appreciation and 2015 GEO refunding bonds now callable at lower market rates; and how to time issuance of three recently passed bond measures so tax rates stay manageable for property owners.

The advisory presentation said the refunding of 2015 GEO bonds could shift earlier high-interest payments into later years and produce an estimated $37,000,000 in lifetime savings to taxpayers. The presenter also showed two repayment profiles for issuing the remaining Measure T/U authorization: a shorter schedule with higher annual payments and a longer schedule (about 25 years) with smaller annual increases to district property owners.

Why it matters: The district has unissued bond authorizations from multiple elections that voters approved; the board decides whether and when to sell those bonds. Refinancing callable high-interest issues can lower the district's debt-service burden and reduce what taxpayers ultimately pay, but timing and amortization choices affect annual tax rates.

Key details from the presentation and board discussion

- The presenter recommended structuring issuance to keep near-term tax-rate increases lower for property owners while warning that longer amortizations increase total interest paid over time.

- The adviser said one available refunding could be executed now (first-call date called out on the schedule), allowing the district to replace higher-cost capital appreciation bonds with lower-interest coupon debt.

- The board was told that issuing the full authorizations passed by voters is discretionary; bonds carry no 'shelf life' and may be issued in series as the district needs funds.

- The adviser flagged a statutory constraint unique to California school districts: a debt limit under the Education Code that effectively caps principal outstanding at 1.25% of assessed valuation. The presentation said issuing certain 2024-authorized bonds as proposed would require the district to request a waiver from the state and that the district should pass a resolution requesting that waiver before issuing those series.

- A tentative calendar presented to the board proposed bringing bond-issuance and waiver-request resolutions to the board at the March 13 meeting and a potential further resolution in July for additional series issuance.

Construction and project updates

District program staff then reviewed completed and in-progress projects funded by Measures T and U and outlined next steps for major sites. Highlights included:
- Willow Elementary: security fencing, entry-control hardware and perimeter upgrades are in final punch-list work; a damaged fence panel at a campus corner has been ordered and is expected to arrive in a few weeks; staff said bollards already are installed and additional playground and surfacing repairs remain on the punch list.
- Sims revitalization: design renderings and project phasing were shown; staff said construction is expected to start after Division of the State Architect (DSA) approval and is scheduled for completion in phases beginning in mid-2025.
- Buyer-site community resource center: plans call for a community-focused center with educational, recreational and medical service space; the district noted the proposed medical/dental component would require partner agreements and added square footage and scope.
- CDC move to La Mirada: staff showed how preschool classrooms, new playgrounds and parking adjustments would fit on the site; they said separation of preschool operations from other campus activity and careful phasing will be needed.

Staff also presented a 'cost-adjustment' summary showing both scope changes and savings from completed projects; the presentation noted roughly $935,000 of project savings in one set of completed Measure T/U work and an overall negative contingency in the current estimate after adjustments (presenters said the net figure was approximately -$162,767 when combining adjustments and savings).

Board members asked about timeline, shade and design details, noise mitigation for special-education students during construction, and whether the district could prioritize restroom modernization and other items if savings are realized. Staff said some additional work could be funded from savings or future series if the board prioritizes it; they also said they will coordinate phasing, noise control and staff training to limit instructional disruption.

Ending

District leaders asked the board for direction on whether to pursue the waiver and for permission to bring bond-issuance resolutions back at the next business meeting. Staff also committed to return with cost estimates for specific additions (for example, restroom modernization) if the board wants to prioritize them when series are authorized.","Consultants told the San Ysidro School District board that refinancing high-interest bonds and staging issuance of 2020 voter-approved bonds could lower future tax rates; staff also presented progress and designs for Willow, Sims and buyer-site projects funded by Measures T and U.","actionData","errors"]

Article not found

Audit issues limited internal-control findings; board approves several personnel and vendor items in unanimous votes

District projects multi-year budget gap, enrollment decline and pension pressures; staff outlines timeline

Board workshop outlines bond issuance options, refinancing that could save taxpayers $37 million; district previews campus projects