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Palmdale Aerospace Academy District adopts 2025–26 budget and LCAP; CFO highlights reserves, bond subsidies and accounting cleanup
Summary
The district board adopted the 2025–26 fiscal-year budget and the Local Control and Accountability Plan after a presentation by Chief Business Official Sarah Zruhl, who outlined estimated actuals, a projected LCFF entitlement of about $32.1 million, an SB 740 facilities subsidy and steps to reconcile prior-year accounting items.
The Palmdale Aerospace Academy District board voted to adopt its 2025–26 budget and approve the Local Control and Accountability Plan (LCAP) after a detailed presentation from Chief Business Official Sarah Zruhl.
Zruhl told the board the district’s projected Local Control Funding Formula entitlement is about $32.1 million for the upcoming year and that the state’s SB 740 facilities grant will subsidize a portion of the district’s bond lease payments — she cited an expected facility subsidy near $3.2 million against roughly $5.45 million in annual bond payments. Zruhl also said the May revision to the state budget sets the cost-of-living adjustment at about 2.3 percent for planning purposes.
Zruhl reviewed estimated actuals and flagged a multiyear effort to clean up…
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