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Millbrae Elementary files positive certification for 2024‑25 first interim budget, flags one‑time grant and enrollment risks
Summary
District Chief Business Officer announced a positive 1st interim certification for 2024‑25 but warned that one‑time grants and projected enrollment declines could create multiyear deficits; board approved the report unanimously.
Millbrae Elementary School District filed a positive certification for its 2024‑25 first interim budget on Dec. 17, the district’s chief business officer told the Board of Trustees, and the board voted to approve the report.
The 1st interim shows projected total revenues of about $33.3 million and combined expenditures near $34.5 million for 2024‑25, with an ending fund balance of roughly $11.7 million. Ralph, the district’s chief business officer, told trustees the district will submit a positive certification but highlighted multi‑year pressures driven by expiring one‑time state and federal grants and enrollment uncertainty.
The certification matters because it is the district’s formal statement to the county office of education that it can meet its financial obligations for the current fiscal year. Ralph told the board, “we will be filing for a positive certification at this first interim report,” and walked trustees through the revenue and expenditure…
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