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District reports midyear revisions: 2024–25 deficit trimmed; 2025–26 outlook still shows structural pressure
Summary
The district reported updated estimated actuals for 2024–25 and a proposed 2025–26 budget. A midyear improvement reduced the 2024–25 projected deficit by roughly $451,000, though the multiyear forecast still shows ongoing fiscal pressure fueled by attendance changes, benefit costs and state budget uncertainty.
La Canada Unified School District staff briefed the board on estimated actuals for 2024–25 and the proposed budget for 2025–26, emphasizing state and local fiscal pressures.
Staff said updated revenue and expenditure projections as of mid‑May trimmed the district’s projected 2024–25 deficit by about $451,000 (to a roughly $4.8 million deficit) because of expenditure adjustments and carryover of restricted funds into next year. The largest revenue…
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