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District presents LCAP mid‑cycle budget report and says charter renewal is on track
Summary
Board members heard a mid‑cycle LCAP update reporting roughly $47.8 million in state LCAP funds, LCFF supplemental/concentration funds of about $13.14 million, and projection adjustments in the second interim; presenters said charter‑renewal preparations are proceeding and the district expects a public hearing in Sept/Oct and a board recommendation in November.
At the meeting the board received the LCAP mid‑cycle report and a finance update covering state funding assumptions and interim projections.
A presenter reviewed the district’s state LCAP funding and expenditures, saying estimated state LCAP expenditures last year were about $47,790,000 and that a second‑interim estimate is coming in around $48,000,000. The presenter said LCFF supplemental and concentration funds were anticipated at about $13,140,000 and…
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