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Newman-Crows Landing Unified reports FY24-25 unaudited actuals; ending fund balance 14.5%
Summary
District staff presented the unaudited actuals for fiscal year 2024-25, reporting a 14.5% ending fund balance, a 5.4% deficit spend (better than the estimated 7.1%), and recommended earmarks for reserves and curriculum adoption.
Staff presented the Newman-Crows Landing Unified School District’s unaudited actuals for fiscal year 2024–25 at a special board meeting and reported an ending fund balance of 14.5%, a deficit spend of 5.4%, and several recommended earmarks for reserves and planned expenditures.
The report, delivered to the board during the meeting, said revenues came in about 1% below estimated actuals — primarily because some federal reimbursements depend on corresponding expenditures — while overall expenditures were about 4% below earlier estimates. “We actually ended with an ending fund balance of 14.5,” the presenter said. The report said the…
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