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La Mesa‑Spring Valley board reviews 2024–25 unaudited actuals, approves routine motions including personnel reappointment
Summary
The La Mesa‑Spring Valley School District board accepted unaudited 2024–25 financials showing about $194 million in revenue and $206 million in expenditures, noted a $3 million positive variance to estimated ending balances but ongoing multiyear deficit pressure, and approved several consent items and resolutions, including the reappointment of Barbara Pratt to the personnel commission.
The La Mesa‑Spring Valley School District Board on Sept. 2 accepted its 2024–25 unaudited actuals and approved a slate of routine agenda items, including a personnel commission reappointment and two resolutions.
In a presentation, the district’s business-services lead said the district recorded roughly $194 million in revenue and about $206 million in expenditures for the fiscal year, and added that salary and benefits make up about 86% of total spending. “We received about a $194 million in revenue and … we spent about $206 million in expenditures,” the presenter said, adding that the district is “deficit spending.” The presenter told the board the district’s actual ending general‑fund balance was about $47 million compared with an adopted estimate of $44 million — a roughly $3 million improvement over the estimate.
The presenter explaine…
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