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Twin Rivers board adopts 2023–24 unaudited actuals; ending fund balance presented as $188 million
Summary
Board approved the district's 2023–24 unaudited actuals after a presentation by fiscal staff. Officials reported a general-fund ending balance of about $188 million, carryovers for restricted programs (about $108 million), and warned one‑time COVID funds will phase out.
The Twin Rivers Unified School District board voted to adopt the district—s 2023–24 unaudited actuals after a staff presentation that compared June—s adopted budget and estimated actuals to the final, unaudited numbers.
Ryan (fiscal lead) and Kate Ingersoll (fiscal services) explained that the district closed its books for the 2023–24 fiscal year and discovered small variances between estimated and final numbers. Kate said the combined variance across funds was about $1.3…
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