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Tehachapi Unified certifies unaudited 2024–25 actuals and approves appropriation limits; board flags $5M projected deficit
Summary
Trustees certified unaudited actuals showing a $4.94 million deficit for 2024–25, approved adjusted Gann appropriations limits and other routine resolutions, and discussed reserves and next-year projections.
The Tehachapi Unified School District board certified its unaudited actuals for fiscal year 2024–25 and approved several routine resolutions at its Sept. 9 meeting, while district staff warned of a projected multi‑million dollar deficit for 2025–26 if no corrective steps are taken.
Mister Antasari presented the unaudited actuals for the period 07/01/2024–06/30/2025, reporting total revenues of $64,300,232 and expenditures of $69,237,957, creating a deficit spend of roughly $4,938,000 for the year. He told trustees that unrestricted reserves stood at $17,000,000 (including a board-required 9% reserve of $6,200,000) but projected the unrestricted fund balance could decline to approximately $12,000,000 next year under current assumptions: "So we do have some... the following year, that 17,000,000 looks like it'll go…
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