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Monrovia board adopts fiscal stabilization resolution, approves routine fiscal measures and EV easement
Summary
The board adopted Resolution 2425‑01 committing to a fiscal stabilization plan and approved several routine financial resolutions and an easement to Southern California Edison for EV chargers; board members said the district faces $3,820,000 in required expenditure reductions in multi‑year projections.
The Monrovia Unified School District board on Aug. 14 adopted a resolution (2425‑01) committing the governing board to develop a fiscal stabilization plan for 2025–26 and 2026–27. Dr. James Drake told the board the district’s multi‑year projection reflects required expenditure reductions of $3,820,000 and said the board will face difficult decisions to meet that target.
The board also unanimously approved routine fiscal items presented by the business office: temporary transfers from the Los Angeles County Treasurer (Res. 2425‑03), use of Education Protection Account funds for 2024–25 (Res. 2425‑04), and authorization for temporary interfund cash borrowing for the 2024–25 fiscal year (Res. 2425‑05). Each was described as standard, precautionary approvals the board takes annually.
Separately, the board approved Resolution 2425‑02 to grant an easement to Southern California Edison for the Charge Ready program to install EV chargers on district property. Board member Vonti said the district has two electric buses but the district’s existing pole did not meet required amperage, and the easement will allow Edison to upgrade infrastructure; no exact timeline for installation was provided.
Why it matters: The fiscal stabilization resolution signals the district expects to make near‑term expenditure reductions and is committing to a formal planning process. The EV easement supports the district’s electric bus fleet but requires utility work; the meeting record did not include a firm schedule for charger availability.
Board action: All fiscal resolutions and the SCE easement passed unanimously by voice or roll call (5‑0). The fiscal stabilization resolution does not itself adopt cuts; it authorizes the district to develop and present a plan that addresses the multi‑year shortfall.
