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Coachella Valley Unified projects $44.3 million deficit; board approves second interim and staffing reductions
Summary
The Coachella Valley Unified School District board on Tuesday approved the 2024–25 second interim financial report, which projects a $44.3 million deficit this year and includes planned staffing reductions and other budget actions intended to meet the state-required 3% reserve.
The Coachella Valley Unified School District board on Tuesday approved the district's 2024–25 second interim financial report and multiyear projection, a budget snapshot that projects $373.6 million in revenues, $417.0 million in expenditures and a $44.3 million deficit for the current fiscal year.
The second interim presentation, given by the district finance lead, said the district is filing a “positive certification” — meaning it expects to meet its financial obligations in the current year and the next two years — but also warned officials that the district remains in structural deficit and must implement reductions to maintain required reserves.
The report matters because it sets the district's official financial posture with the county and state and frames decisions about staffing and programs. The presentation showed the district's estimated funded average daily attendance (ADA) at roughly 14,009 students…
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