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Natomas Charter board approves 2024–25 second interim budget with 'positive' certification

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Summary

Board members approved the district's second interim budget reporting a positive certification and projected multiyear surpluses; presenters outlined revenue, expenditure and reserve assumptions and flagged a new universal dyslexia screening mandate.

The Natomas Charter School Board of Directors approved the 2024–25 second interim budget and certified the district’s fiscal status as "positive," board members said at the March 10 meeting.

School staff presented the budget summary, saying the report reflects actuals through Jan. 30 and projects that the charter will meet its financial obligations for the current and two subsequent fiscal years. The presentation listed major assumptions, projected revenues and expenditures, and reserves the board has set aside for facilities and program priorities.

The presentation matters because the charter’s authorizer, Natomas Unified School District, reviews these certifications in May and uses the district’s projection…

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