District presents conservative second-interim showing possible multiyear deficits; trustees approve report

District finance staff presented the second interim financial report, portraying a conservative, worst-case projection for the next three years and recommending cautious planning. The report said current ADA is essentially steady and cited a near-term worst-case deficit pattern: about $331,000 this year and larger gaps in subsequent years (figures described as worst-case approximations of about $2.9 million and $2.2 million in the following two years). Staff emphasized conservative assumptions — they did not assume a student-support block grant, did not include some governor-proposed increases and budgeted a 2.41% COLA — and said the district expects updated state numbers next week that could change projections and prompt an August budget revision.