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Banning Unified adopts 2025–26 proposed budget despite multiyear shortfall projections
Summary
The board approved the district's 2025–26 proposed budget. Staff warned that expenditures outpace revenues by roughly $3.4 million across a three-year projection and pointed to $4.39 million in committed balances and a 4.98% reserve in the third year; the budget will be submitted to the county office for review.
Finance staff presented the district's proposed 2025–26 budget and multiyear projections, then the board voted to adopt the budget and submit it to the Riverside County Office of Education.
"We do see here that expenditures outpace revenues, every year and total at about $3,400,000 in a 3 year budget cycle," a finance presenter said, summarizing the multi-year gap. Staff also pointed to committed balances of approximately $4,390,000 and projected the reserves for economic uncertainties in the third out year (2027–28) at about 4.98%.
Staff explained the district plans to shift roughly $2 million in capital facilities expenditures out of the general fund to bond-funded Measure O dollars where appropriate, and described the budget as a balancing exercise between restricted and unrestricted resources while continuing to add human-capital investments.
The board voted 4–0 to adopt the proposed budget. Staff said the next step is to submit the budget to the Riverside County Office of Education for approval and that the enacted state budget agreement (announced June 24) restores some funding such as universal transitional kindergarten and one-time professional development block grants. Staff did not project a 45-day revision at this point.
Next steps: budget submission to the Riverside County Office of Education and monitoring for any need for future revisions tied to negotiations or enacted state actions.
