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PAUSD closes 2024–25 with $103M ending fund balance; five‑year projection shows structural deficits
Summary
Director of Fiscal Services reported that unaudited 2024–25 actuals exceeded May estimates by $5.2 million, expenditures ran $1.9 million over, and the district ended the year with a $103 million fund balance (unassigned $39M). Staff presented a five‑year projection showing structural deficits and outlined added grants and 8.35 FTE in the 2025–26 budget.
At the Aug. 19 meeting, Director of Fiscal Services Jennifer Guidry presented unaudited actuals for 2024–25 and an update to the 2025–26 budget.
Guidry told the board the district closed the 2024–25 books with less than a 1 percent variance from May estimates: revenue exceeded the May estimate by $5.2 million while expenditures were $1.9 million higher. That produced a net improvement of $3.2 million compared…
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