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TUSD projects multi-year deficits as state ADA protections end; board approves higher developer fees
Summary
Torrance Unified officials presented a proposed 2024-25 budget showing deficit spending in coming years driven by the end of COVID-era ADA mitigation, modest COLA effects, rising retirement costs and step-and-column salary increases. The board approved a resolution raising developer fees to statutory maxima.
The Torrance Unified School District on Tuesday heard a multi-part budget presentation that projects deficit spending over the next several years as temporary state protections for ADA phase out and long-term costs rise.
Dr. Butler and district budget staff told the board the proposed 2024-25 budget uses California Department of Education and School Services of California assumptions but shows a revenue dip in 2024-25 largely because the COVID ADA mitigation protection expires. "Our district is expected to, operate on a deficit spending line, for the next few years," Mr. Diaz said during the presentation, citing lower effective COLA revenue and the recurring cost of…
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