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Fullerton district reports $234M in revenue for 2024–25; ending fund balance improves, board accepts unaudited actuals
Summary
Assistant Superintendent Ruben Hernandez briefed the board on unaudited 2024–25 financials: total revenue of about $234 million, a drop in one-time federal/state COVID dollars, and an increase in the district's unrestricted ending fund balance; the board approved the unaudited actuals 4–0.
The Fullerton Joint Union High School District board accepted the unaudited actuals for the 2024–25 fiscal year after a presentation by Assistant Superintendent of Business Services Ruben Hernandez.
Hernandez said the district reported approximately $234 million in total revenue for 2024–25. He said federal revenue fell from roughly $16.9 million the previous year to about $7.6 million, reflecting the exhaustion of one-time COVID-related funding.…
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