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Palm Springs Unified approves first interim budget; district projects stronger fund balance amid enrollment pressures
Summary
The Palm Springs Unified School District board approved its first interim budget for 2025-26, hearing staff say the district's beginning fund balance rose to about $73 million and projected ending balance to roughly $61 million while officials cautioned about enrollment declines and state revenue volatility.
The Palm Springs Unified School District board on Dec. 9 approved the district's first interim budget report, a financial checkpoint that staff said shows an improved starting fund balance but continued pressure from declining enrollment and uncertain state funding.
District staff presented the report during the board's regular meeting, outlining state and national indicators that affect district revenue. The presenter said state income tax receipts are higher than earlier projections, and one-time state funds could total roughly $7.4 billion statewide; at the same time the Legislative Analyst's Office projects a…
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