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Placentia‑Yorba Linda Board adopts 2025‑26 budget amid warnings of multi‑year deficits
Summary
The Placentia‑Yorba Linda Unified School District board on June 17 adopted the 2025‑26 budget and related measures after a detailed presentation showing a multi‑year structural deficit and the need for $15.6 million in reductions in 2026‑27 to maintain required reserve levels.
The Placentia‑Yorba Linda Unified School District board voted 5‑0 on June 17 to adopt the district's 2025‑26 budget after staff outlined a multi‑year fiscal outlook marked by declining enrollment and state revenue uncertainty.
Interim business services chief Yolanda Velasquez told the board the district’s combined general fund revenue for 2024‑25 was about $375 million, with the Local Control Funding Formula supplying roughly $270 million (about 74%). Total expenditures were presented as approximately $414 million, with salaries accounting for roughly 80% of that figure. Velasquez said the district currently projects an unrestricted ending reserve of about $62.7 million but forecasted that reserve percentages would decline in subsequent years without additional reductions or revenue changes.
Velasquez and staff…
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