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Hacienda La Puente board approves fiscal stabilization plan to close a projected $3.7M gap
Summary
Trustees approved a three‑year fiscal stabilization plan to address a projected $3.7 million unallocated expenditure in 2027–28, relying on refined enrollment projections, a discretionary grant assumption, staff alignment, contract reductions and potential early‑retirement savings; trustees requested executive summaries on COP refinancing and large contracts.
The Hacienda La Puente Unified School District board on Wednesday approved a three‑year fiscal stabilization plan that staff said will bring the district into the recommended reserves range while addressing a projected $3.7 million unallocated expenditure in fiscal year 2027–28.
"As part of the approval of the district's 25–26 adopted budget, the Los Angeles County Office of Education required the submission of a fiscal stabilization plan, identifying revenue enhancements and expenditure reductions to address a projected $3,700,000 unallocated expenditure in 27–28," said Blanca Risco,…
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