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Buena Park board approves first interim budget; officials flag multiyear deficit and declining reserves
Summary
The board accepted the district’s First Interim Financial Report for 2025–26 showing roughly $82.4M in revenue versus $90.6M in expenditures this year (a roughly $8M current-year deficit) and multiyear reserves projected to fall to about 13.1% by 2027–28.
Assistant Superintendent of Business and Operations presented the district’s First Interim Financial Report for 2025–26, telling the board the report reflects actuals as of Oct. 31 and multiyear projections based on current enrollment and funding assumptions.
Key figures in the presentation: LCFF (Local Control Funding Formula) revenue was estimated at about $53.9 million; the presenter listed total current-year revenues around $82.4 million and total expenditures near $90.6 million, which a board member confirmed corresponds to an approximate $8 million…
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