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Gilbert Unified board approves FY2025 budget revision No. 3, shifts $12.5 million to capital
Summary
The Gilbert Unified District governing board approved fiscal year 2025 budget revision No. 3, increasing projected unrestricted capital and reallocating one-time state funds; board members heard details on student counts, carryforward balances and contingency planning.
The Gilbert Unified District governing board approved fiscal year 2025 budget revision No. 3 at a meeting, authorizing transfers that increase the district's unrestricted capital by moving $12.5 million from maintenance and operations.
Board members were presented a revision that reflects a modest uptick in in-person enrollment and changes to one-time state funding. District staff told the board that average daily membership (ADM) rose by 295 students from the adopted budget to the revision, and that weighted student count — which adjusts enrollment for factors such as special education and free- and reduced-price-lunch eligibility — increased by 615.
District finance staff said the revision incorporates previously approved transfers and one-time state…
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