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Mt. Diablo Unified board certifies 2024–25 unaudited actuals; staff warns of multi‑year deficit
Summary
The board voted to certify the district’s unaudited 2024–25 financials. Finance staff said the district ended the year with a lower combined fund balance than prior projections and presented a multi‑year forecast showing continuing deficit spending unless revenue or spending changes are made.
The Mt. Diablo Unified School District Board of Education certified the district’s 2024–25 unaudited actuals at its Sept. 10 meeting and heard staff describe the district’s fiscal position over the next three years.
Chief Financial Officer Gustavo Aguilera and budget staff presented the unaudited actuals, which reconcile revenues and expenditures through June 30, 2025, and establish the beginning fund balances for the 2025–26 fiscal year. The board voted 5‑0 to…
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