Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board adopts October budget revision after unaudited actuals raise beginning balance
Summary
The board approved Budget Revision 1, which incorporates unaudited 2024–25 actuals and increases beginning balances and restricted carryover. The revision raises projected combined expenditures and shows an increased unrestricted deficit; reserves remain above policy minimums.
Pacific Grove Unified School District trustees voted Oct. 2 to adopt Budget Revision 1 for 2025–26, updating the district's June adopted budget with unaudited actuals, reconciled payroll encumbrances and staffing changes.
Staff told the board that unaudited actual ending balances posted Oct. 1 increased the district's beginning balance by roughly $1.8…
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
