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Millbrae officials present proposed 2025–26 budget, warn of state revenue uncertainty
Summary
Chief business staff and the director of business services presented the district’s proposed 2025–26 budget, highlighting a $33.2 million revenue projection, an ending fund balance of about $9.98 million, conservative planning amid state revenue uncertainty, and staffing challenges tied to Prop 28 and the 60% certificated threshold.
Mary (chief business officer) and Director of Business Services Sue Kim walked trustees through the district’s proposed 2025–26 budget, outlining revenue and expenditure assumptions, multi‑year projections and several fiscal risks tied to state revenue forecasts and staffing shortages.
Why it matters: the budget frames staffing, programs and reserves for the coming school year. Staff described conservative assumptions to protect reserves amid uncertainty in state and federal revenues.
Staff presented projected revenue of roughly $33,208,268, with the Local Control Funding Formula (LCFF) comprising roughly $24–25 million, about $748,000 in federal funds and several million in state and local revenues. Wasliff and business staff also noted that the district’s LCAP‑related expenditures total about 10 percent of the general fund…
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