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Glendora Unified certifies positive first interim report despite projected multi-year deficits
Summary
Business services staff reported a positive certification for the 2025-26 first interim budget, citing reserve levels that meet state and board-added requirements while projecting multi-year deficits tied to declining enrollment and rising costs.
Glendora Unified’s business services team delivered the 2025-26 first interim financial report on Dec. 8 and the board certified a "positive" finding, meaning staff concluded the district can meet its obligations for the current and next two fiscal years while continuing to monitor projected deficits.
Presenters Jeanette Wolczak and Araceli Medina said the report incorporated updated data through Oct. 31 and noted several key revisions: an approximately $700,000 increase tied to updated LCFF/ADA projections, recognition of about $1.9 million in restricted state…
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