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District finance staff warn of structural general-fund deficits despite bond proceeds
Summary
The district projected ongoing general-fund deficits, noting a superficially balanced 2025'26 budget that relies on a planned $35 million bond issuance for capital projects while operating deficits persist; staff proposed staffing reductions and warned of state funding risks.
District fiscal staff told the El Monte City School District board on June 16 that the district faces a structural operating deficit even after adopting the 2025'26 budget.
"While the overall budget looks balanced due to the one-time bond proceeds, the structural deficit in our operating budget remains a concern," the district's director of fiscal services, Ms. Piautos, told the board. She said the adopted budget shows a projected surplus driven primarily by a planned $35 million bond issuance designated for capital—not for day'to'day operations.
Staff presented estimated…
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