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San Marino Unified adopts balanced 2025–26 budget, moves $2 million into cash-flow reserve and creates committed stabilization fund
Summary
The San Marino Unified School District board on June 24 adopted a balanced 2025–26 budget, approved a $2 million interfund transfer to a cash‑flow fund, and passed a resolution committing $3.5 million for fiscal stabilization and $2.5 million for declining enrollment.
San Marino Unified School District trustees on June 24 adopted the district's proposed 2025'26 budget and approved related reserve actions designed to protect cash flow and future fiscal stability.
The board voted to transfer $2,000,000 from the general fund to a cash-flow fund (Fund 17.2) and adopted Resolution No. 18, which establishes committed reserves of $3,500,000 for fiscal stabilization and $2,500,000 for declining enrollment. Trustees also approved the district's 2025'26 Local Control Accountability Plan (LCAP) and the overall district budget as part of the meeting's action items.
District Chief Business Official Dr. Steven Choi told the board the proposed budget is balanced for 2025'26 and through the next two fiscal years, helped by increased…
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