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Millbrae board approves positive 2024–25 first interim certification; accepts developer fee report and a salary‑exemption application
Summary
Chief business officer Ralph Crane reported a positive 1st interim certification for 2024–25. Trustees approved the first interim report, the annual developer fees/5‑year findings report and a waiver application related to the classroom‑teacher salary percentage.
Ralph Crane, the district’s chief business officer, presented the 2024–25 first interim report Dec. 17 and told trustees the district will file a positive certification at this checkpoint.
Crane outlined the district’s major revenue and expenditure assumptions, including LCFF revenue, federal and state restricted grants such as ELOP (after‑school funding), and the fact that several one‑time grants from the pandemic period will taper. He reported total projected revenues of approximately $33.3 million…
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