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Lakeside board reviews 2024'25 unaudited actuals as deficit spending narrows

Lakeside Union Elementary School District Board of Trustees · October 7, 2025
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Summary

Assistant Superintendent Lisa Davis presented the district's unaudited actuals for 2024'25, reporting revenues of $71.67 million and expenditures of $79.6 million and noting the district's unrestricted general fund deficit narrowed to about $2.5 million.

Assistant Superintendent Lisa Davis presented the district's 2024'25 unaudited actuals and a multi-year comparison of adopted budgets, second interim projections and final actuals.

Davis said October enrollment for 2023'24 was 4,515 and the P2 (April) certified enrollment was 4,006. She described funding options (current year, prior year or three-year average) and said the district was funded on the prior year. She reported the district's unduplicated pupil percentage at "43.48%" and explained…

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