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Torrance Unified trustees approve positive certification as reserves tighten ahead of negotiations
Summary
The board unanimously approved a positive certification of the district's second interim report for 2025–26, despite questions from trustees about declining multi‑year reserves and a large line for professional consulting services. Administrators said unresolved settlements and built‑in COLAs are the main drivers of the projected 5.1% reserve in year three.
Torrance Unified School District trustees voted unanimously March 2 to give a positive certification to the district's second interim financial report for 2025–26, affirming the district can meet its financial obligations for the current year while flagging tighter reserves in later years.
The action followed a presentation from business services showing enrollment held nearly flat (a net loss of about nine students instead of a projected drop of roughly 100), updated assumptions for the district’s locally funded COLA, and a multi‑year projection that anticipates a 5.1%…
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