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Beaumont Unified board approves first interim report showing $36M projected general‑fund balance
Summary
Finance staff told trustees projected revenues rose to $229.6 million and the district now projects a $36 million general‑fund ending balance at first interim, driven by expanded learning and one‑time state grants; multiyear projections show an ongoing unrestricted deficit to monitor.
The Beaumont Unified School District board voted to accept the district’s first interim budget report, which projects a larger-than-expected general‑fund ending balance at the first checkpoint but flags a multiyear structural gap.
Nathan Camara, the director of fiscal services, told trustees the district began the year with $216 million in adopted revenues and now projects $229.6 million at first interim. Camara said the projected general‑fund ending balance rose to about $36 million (from a $27.2 million projection at adoption), with much of the increase held in…
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