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Kern County Office of Education reports revenue uptick from two state grants and approves $860,000 property-tax impoundment
Summary
Kern County Office of Education staff told trustees the first interim budget projects +$31 million in recognized revenue since July 1, driven by a $20 million math partnership grant and a $5 million student-teacher stipend award; the board approved a routine resolution to impound $860,000 of contested property taxes and accepted the first interim report.
John Medina presented the Kern County Office of Education’s first interim budget report, saying the midyear review (July 1–Oct. 31) updates revenue and expenditure projections and projects the organization remains fiscally stable.
Medina explained the county-office Local Control Funding Formula differs from district LCFF and that KCSOS receives smaller proportions of general-fund revenue from LCFF (roughly 20% for the county office). He said the office revised revenue upward after closing the prior-year books and recognizing carryover: approximately $31 million in additional recognized revenue since the July 1 projection, including two major state awards that together account for much…
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