Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget And Finance topic
No spam. Unsubscribe anytime.
Gilroy Unified board unanimously certifies 2023–24 unaudited actuals and approves revised 2024–25 budget
Summary
Trustees voted unanimously to certify the district’s 2023–24 unaudited actuals and to approve a revised 2024–25 budget after a detailed business-services presentation that highlighted $176M in general-fund expenditures, roughly $22M in one-time carryover and growing special-education costs.
The Gilroy Unified School District board voted unanimously on Sept. 19 to certify the 2023–24 unaudited actuals and approve a revised 2024–25 budget after a two-hour presentation by business services.
Business staff told trustees the district’s total general-fund expenditures for 2023–24 were about $176 million and that the district ended the year with roughly $22 million in one-time or carryover balances, including approximately $11.5 million in learning-recovery funds and $5.5 million in the arts, music and instructional materials block grant. "All of those dollars, those three are the main areas," the presenter said while describing LCFF and property-tax revenue sources.
Presenters warned of structural pressures: an ongoing high share of compensation (about 76% of general-fund spending overall and 88% on the unrestricted side), rising special-education costs (the district’s contribution to special ed rose from about 15.7% to over 19% in the last year) and lower state COLA expectations (the statutory COLA cited was 1.7%). The district’s multiyear projection includes a placeholder reduction of $4.88 million for next year and anticipates a larger structural adjustment in 2026–27 tied to enrollment declines.
Board members asked for clarity on spending deadlines and the spendability of specific restricted pots; staff said most encumbrances and invoices were being processed and that a small pot (expanded-learning paraprofessional staffing) may require returning roughly $300,000. Staff also explained that carryover balances have been earmarked for multi-year obligations such as the technology refresh and iPad/Chromebook purchases.
Motion and vote: The board moved, seconded and approved the certification of the 2023–24 unaudited actuals and the revised 2024–25 budget by unanimous roll-call vote. The meeting transcript records trustees voting in the affirmative during roll call; earlier votes on related consent items also recorded seven trustees voting yes.
Why this matters: The action confirms the district’s fiscal standing for 2023–24 and locks in carryover designations that will fund near-term priorities and adoptions (technology, textbooks, and planned interventions). Trustees were warned that one-time pandemic-era protections have expired and that long-term structural choices will be required to align staffing levels with declining enrollment.
Next steps: Staff will present updated interim reports in October and bring CBEDS/CDE certified enrollment data in February 2025 to refine the multiyear projection.
