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Business office reports clean audit, $736K Ready-to-Learn allocation and FY27 budget challenge
Summary
Staff reported a clean 2024'2025 audit with no findings, a Ready-to-Learn tax-equity allocation of about $736,000 (recommended split to mitigate assessment-appeal losses and reduce debt), and said the district is targeting up to $5.2 million in budget reductions for FY27 while planning reorganization proposals for February.
At the Jan. 20 finance committee meeting, the district's business office presented multiple fiscal updates: a clean audit for 2024'2025, the district's Ready-to-Learn tax-equity allocation and the early phases of FY27 budget planning.
The business office said the district's Ready-to-Learn allocation is approximately $736,000 and recommended allocating…
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