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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 explained the gap between estimated and unaudited actuals reflects routine timing and certification matters: invoices and encumbrances processed after year‑end, attendance and unduplicated pupil counts that affect LCFF calculations (certified later in the year), receipt or redistribution of one‑time state funds, and savings from unfilled positions. Auditors will examine the books and produce audited actuals later this year; staff said the first interim report will go to the board in December.
Board members and staff also discussed the district’s multiyear outlook. The presenter said the district had identified a $2.7 million reduction target for the 2026–27 school year intended to help meet the district’s required three‑percent reserve and reduce an approximately $11 million projected multiyear shortfall. The board will receive a general list of reduction options in December and more detailed proposals later.
Votes at a glance
- Minutes (previous meeting): approved by voice vote. - Agenda amendment (remove item 3b): approved by voice vote. - Board policy updates (item 4a): approved by voice vote. - Resolution 4b, conflict of interest code: approved by voice vote; staff said the updated code will be submitted to San Diego County for oversight. - Personnel commission reappointment, Barbara Pratt (item 4c): motion moved and seconded; approved by voice vote. - Business services consent items (item 5a): approved by voice vote. - Annual resolution on the local appropriations limit (item 5b, referred to at the meeting as the "Gann limit"): approved by voice vote. - Approval of unaudited actuals (item 5c): approved by voice vote. - Educational services consent items (item 6a): approved by voice vote. - Human resources consent items (item 7a): approved by voice vote.
No roll‑call tallies were recorded in the meeting transcript; approvals were taken by voice and characterized as "all in favor" when announced.
Why it matters: the unaudited actuals provide the board with the district’s year‑end financial position and will inform the multiyear budget work that determines program and staffing choices. Staff said the district begins the year with an ending fund balance roughly $3 million higher than expected but remains on a path that requires reductions in subsequent years to restore long‑term balance.
Next steps: auditors will produce audited actuals in the coming months, staff will present first interim projections in December, and the board expects a general list of proposed reductions to meet the $2.7 million target for 2026–27.
