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District finance director reports first‑interim shows near‑term solvency, multiyear deficits
Summary
Adelanto Elementary School District’s finance director told trustees the district will submit a positive first‑interim certification for 2025‑26 despite a near‑term unrestricted deficit of about $211,000 and projected multiyear shortfalls driven largely by spending down restricted program reserves.
Adelanto Elementary School District’s director of fiscal services presented the district’s first‑interim financial report on Nov. 4, telling the board the district will submit a “positive” certification for the current year and the next two years while forecasting multiyear budget gaps.
Mr. Clements, the district’s fiscal director, said 2024–25 closed with 7,668 students enrolled and an ADA (average daily attendance) of 6,939. The budget the board adopted for 2025–26 had assumed 7,706 students with an ADA of 7,042; after revisions the district now projects enrollment of 7,452 and ADA of about 7,000. Those enrollment and ADA figures feed state LCFF revenue calculations, Mr. Clements said.
The district’s projected combined revenues for 2025–26 total $144,900,000, with $96,800,000 from Local Control Funding…
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