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Martinez Unified first interim report shows deficit projections; audit accepted with single finding

Martinez Unified School District board of trustees · December 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CBO Andy Gannon reported a first interim showing enrollment of about 3,800, funded ADA down 131 and multi-year deficit spending that could exhaust reserves without cuts or revenue gains; the board accepted the audit with one corrected finding.

Martinez Unified’s Chief Business Officer Andy Gannon told the board Dec. 16 that the district’s first interim financial report (July 1–Oct. 31) shows enrollment of roughly 3,800 students but a funded ADA decline that reduced LCFF revenue by about $1.3 million relative to last year’s peak funding.

Gannon said the district faces deficit spending across the multi‑year…

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