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Los Altos board approves first interim report as staff flags charter transfers and rising special‑education costs
Summary
The board voted unanimously to approve the district’s 2025–26 first interim financial report. Staff warned that rising charter transfers and special‑education expenditures, plus the loss of one‑time state funds next year, will reduce reserves over the multiyear projection.
The Los Altos School District Board of Trustees unanimously approved the district’s 2025–26 first interim financial report at its Dec. 15 meeting after Assistant Superintendent staff presented updated revenue and expenditure projections.
The presentation reported secured property‑tax growth of about 5.04 percent since budget adoption and a parcel tax that currently generates about $10.6 million, with a projected increase tied to the parcel tax COLA. Staff also reported receipt of roughly $750,000 in a…
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