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Community presses Lodi Unified over $298M ending balance and rising consulting costs as board certifies unaudited actuals
Summary
Public comment and board questions focused on the district’s unaudited FY 2023–24 actuals — a reported $298 million ending balance with $201 million unassigned — prompting clarification about coding for books and supplies and the inclusion of Prop 28 funds; the board certified the unaudited actuals 7–0.
Public commentators and board members pressed district staff on the Lodi Unified School District’s unaudited fiscal-year 2023–24 actuals during the Sept. 16 board meeting, focusing on a large ending fund balance and notable increases in certain expenditure categories.
A member of the public, citing numbers presented at the meeting, said the district showed an ending fund balance of $298,000,000 with roughly $201,000,000 unassigned against annual income of about $500,000,000. The speaker urged the board to use funds for classroom purposes and to provide transparency…
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