Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board hears budget overview: enrollment decline, formula changes and recurring-cost concerns top the agenda
Summary
Superintendent Garcia and interim CFO Beverly Aguilar presented a budget preview showing enrollment-driven revenue loss, state funding formula changes that boosted English learner funding, a projected 4% salary increase and a discussion of ESSER funds moved into the operational base.
The Santa Fe Public Schools Board of Education heard a detailed budget overview and priorities presentation on April 24 from Superintendent (Dr.) Garcia and interim Chief Financial Officer Beverly Aguilar that outlined enrollment-driven revenue loss, recent state funding formula changes and requests for site- and department-level staffing.
Garcia and Aguilar said the district'level enrollment used for funding changed from 10,709 (FY24) to 10,199 (FY25), creating an estimated revenue impact of roughly $2.7 million to $2.79 million for the coming year if funding formula changes do not fully offset the drop. Aguilar said the district's State Equalization Guarantee (SEG) unit value increased to $6,801.35 (an increase of about $247.60) and described multiple adjustments to the state funding formula.
Key formula and funding changes cited by presenters included: - An English language learner (ELL) "stand-alone" program multiplier (a 0.30 weight) that, according to the district SCG tool used in the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
