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Board certifies positive second interim; staff outline $6M in adjustments and 1.5 FTE reduction
Summary
Trustees approved the district's second interim financial report showing about $2.37 million in revenue increases since first interim, projected unrestricted reserves around 3.73%, and staff presented planned adjustments including approximately $6 million in reductions and 1.5 certificated FTE reductions beginning 2026-27.
Petaluma City Schools on March 10 certified a positive second interim financial report and discussed staffing and program adjustments intended to preserve the district's multi-year budget.
Presenter Melissa McGarry (speaker 27) told trustees overall revenues had increased by about $2,370,000 since the first interim, driven largely by updated state and federal grant allocations and parcel tax and interest adjustments. She said overall expenditures increased about $1,130,000 since the first interim and that restricted expenditures…
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