Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Coronado USD certifies second interim budget as 'positive' while flagging reserve declines toward basic aid transition
Summary
Deputy Superintendent Salamanca presented the district's second interim budget, projecting declining reserves through 2026–27 as the district plans a strategic spend‑down while preparing for transition to locally funded basic aid.
The Coronado Unified School District Board on March 20 authorized a positive certification of the district’s second interim budget for the period ending Jan. 31, 2025, after Deputy Superintendent Donnie Salamanca described revenue and expenditure changes and long‑term projections.
The board voted 5–0 to certify the second interim report as “positive,” indicating the district projects it can meet its financial obligations for the current and two subsequent fiscal years under current assumptions. Salamanca said the district’s general fund revenue projections for the current year remain largely unchanged; the report incorporates the governor’s proposed budget released in January, though he…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
