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Board approves unaudited actuals; Prop 28 spending and routine personnel items also approved
Summary
The board adopted the FY 2024–25 unaudited actuals report showing an ending fund balance of about $99 million and a reserve of ~21.15%; it also approved the Proposition 28 arts-and-music expenditure report, a credential waiver, and announced a personnel commission intended appointee, all by unanimous votes.
In a set of routine fiscal and administrative actions, the Newport-Mesa Unified School District board approved the district—s FY 2024–25 unaudited actuals, accepted the Proposition 28 arts-and-music annual expenditure report and approved several personnel and compliance items.
Jeff Dixon, the district—s Chief Business Officer, told trustees the unaudited actuals reflected significant one-time investments in planning and capital improvements that increased service costs ("about $14 million" in service costs cited) and produced an ending fund balance of just over $99 million and a reserve level around 21.15% (SEG 3139—371). Dixon said the district intentionally drew down reserves to support summer facilities work and that most of the larger expenses were one-time and expected to drop off in subsequent years.
The board voted unanimously (7—) to approve the unaudited actuals report (SEG 3660—377). Trustees later approved the Proposition 28 annual report documenting $2,322,519 in Prop 28 expenditures for the prior year and a growth in certificated arts FTE from 3.6 to 10.9; that motion also passed 7— (SEG 3696—371; SEG 3750—772).
Other votes at a glance
- Credential waiver: The board approved a credential waiver allowing a career-technical education teacher to continue instructing while completing required coursework to obtain authorization to serve English learners (motion carried 7—, SEG 3766—380). - Personnel commission: The board announced the intended appointee to the personnel commission and will hold a public hearing at the October meeting before formal appointment (announcement carried by motion, SEG 3811—353). - Williams textbook sufficiency & appropriations limit: The board opened and closed the Williams textbook sufficiency public hearing with no speakers and adopted a resolution certifying sufficiency of instructional materials; the board also adopted the annual appropriations limit resolution (both motions carried 7—, SEG 3856—393).
What officials said
Dixon said the district—s increased expenditures reflected planned facilities investment ahead of summer construction and that, after those one-time costs are recorded in the current year, the district expects a realignment of revenues and expenditures in subsequent budget cycles. "The year prior in 23–24 was perhaps the highest reserve levels the district has ever seen at 23.8%... we made a conscious effort over the past several years to really build up the funds necessary to support those improvements," Dixon said (SEG 3196—324).
The board directed staff to continue budget monitoring and to present first- and second-interim reports; trustees asked follow-up questions about TK capital outlay, reserve targets and program sustainability.
