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Laguna Beach USD approves positive interim budget certification and authorizes routine transfers to capital funds
Summary
The district approved a 'positive' 1st interim budget certification and voted to transfer $900,000 to the Facility Repair & Replacement Program and $1.2 million to the Capital Improvement Program; staff reported a projected ending fund balance of roughly $24 million.
The Laguna Beach Unified School District board voted to certify a positive 1st interim budget that staff said shows the district can meet its financial obligations for the current and next two fiscal years.
Jeff Dixon, the district’s operations lead, told trustees the budget reflected about $1.5 million in additional revenue (largely property‑tax growth and insurance…
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