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Anaheim Elementary projects $314M revenue, $339M expenditures; multiyear deficits flagged
Summary
The district's proposed 2025–26 budget projects roughly $314 million in revenue and $339.2 million in expenditures, leaving a projected ending fund balance of about $57 million; multiyear projections show deficits in years two and three and the board scheduled a vote for June 18.
At the June 11 meeting the Anaheim Elementary School District presented its proposed 2025–26 budget and LCFF overview, detailing revenue, expenditures and multiyear projections and answering trustees' questions about facilities and bond spending.
Assistant Superintendent Matthew Slusser said the district projects general fund revenue of about $314,000,000 for 2025–26 with LCFF comprising roughly $219,000,000, federal revenue about $19,100,000 and other state revenue near $68,000,000. Slusser told the board total expenditures are projected at just over $339,200,000, leaving a projected ending fund balance of approximately $57,000,000 after a beginning balance near $83,600,000 and an estimated change in fund balance of nearly -$26,500,000.
Slusser walked trustees through multiyear budget assumptions: a 2.3% COLA in the May revision, TK staffing ratio changes tied to universal TK, lottery funding assumptions and projected retirement rates (STRS at ~19.1% and PERS near 27%). He said multiyear projections show a near-term structural gap, with a projected deficit in year 2 of nearly $19,000,000 and another projected deficit of about $9,300,000 in year 3.
Board members and staff discussed facilities projects funded by bond funds, noting several projects submitted to the Department of State Architect and that the district will avoid drawing bond funds until necessary to save taxpayer dollars. The board adjourned the public hearing on the budget and gave notice that a vote is scheduled for June 18.
