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Board adopts 2024–25 unaudited actuals showing deficit spending and healthy reserves
Summary
The board approved the district's unaudited 2024–25 actuals: revenues of about $62.8M, expenditures of about $65.3M (deficit spending), and unrestricted reserves of roughly $8.9M (13.62% of expenditures). Special education required a district contribution; auditors will review the books later this year.
The Benicia Unified School District board reviewed and adopted the district’s unaudited actuals for fiscal year 2024–25 at the Sept. 19 meeting.
CBO Georgina Barrington reported revenues of roughly $62.8 million (unrestricted approximately $52 million, restricted about $11 million) and expenditures of about $65.3 million, producing deficit…
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