Board approves unaudited financials, Measure HV service contracts and annual GANN resolution

The Hermosa Beach City School District Board, meeting in regular session, unanimously approved the district's 2024–25 unaudited actuals and a slate of contracts to support Measure HV projects, consultant services and compliance monitoring.

Board action: The board voted to file the 2024–25 unaudited actuals with the Los Angeles County Office of Education after a presentation from Ms. Montalvo. The board also approved consultant agreements for visual processing assessments, a master contract with Devereux Advanced Behavioral Health for nonpublic, nonsectarian school agency services, construction management and related Measure HV professional services, and the district's annual GANN appropriations resolution (Resolution 3 25 26).

Why it matters: The Measure HV contract approvals move professional teams onto bond-funded modernization and classroom projects at Hermosa Valley, Hermosa Vista and Hermosa View schools. The unaudited actuals and GANN resolution are administrative steps required for state and county reporting and affect how the district calculates appropriations limits for the coming fiscal year.

Details of the unaudited actuals: In the board presentation, Ms. Montalvo reported actual revenue of $20,708,000 and expenditures of $21,000,323, producing a reported deficit of $615,000 and a reserve level listed as 27.8 (unit not specified in the transcript). Board members were told…