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Brea Olinda Unified projects a tighter 2024-25 budget as enrollment and low COLA cut revenue
Summary
District fiscal staff presented the proposed 2024-25 budget showing LCFF as the dominant revenue source (~$69M), forecasted multi‑year deficits and enrollment shortfalls — especially in transitional kindergarten — and said a final adoption will be considered June 27 after state budget clarity and interim adjustments.
District fiscal staff laid out the proposed 2024-25 budget in a public hearing, warning that lower-than-expected state COLA estimates and declining enrollment will tighten revenues and likely require adjustments in later budget iterations.
Assistant Superintendent Rick Champion framed the presentation around uncertainty in the state budget and the impacts on school funding. "The state's 1 time adjustments to the ongoing issues... The growing multiyear deficits are still gonna have to be addressed," Champion said, noting the Legislature and governor were still finalizing details and that the district will use interims to update…
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