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La Canada Unified board approves first interim budget, accepts audits; auditors note recurring ELOP finding
Summary
Trustees approved the district—s first interim financial report for 2025-26, accepted a clean bond audit for Measure LCF and accepted the district—s financial audit that included a recurring state compliance finding tied to the ELOP program.
La Canada Unified School District trustees voted Thursday to approve the district—s first interim financial report for 2025-26 and to accept two audit reports, including a bond audit with no findings and a districtwide financial audit that included one recurring state compliance finding.
The board—s motion to approve the first interim report followed a presentation by district finance staff explaining that, compared with the budget adopted in June, the district—s general-fund position improved by about $551,000. Presenter Melissa said that change reduced projected deficit spending for 2025-26 from roughly $2.0 million to about $1.1 million and attributed the improvement to stronger attendance (which…
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