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Santa Paula Unified projects slimmer reserves and multi-year budget pressures, board approves first interim
Summary
Trustees approved the district's first interim budget, which shows an improved beginning fund balance driven by one-time revenue and interest but warns of declining ADA and expiring restricted grants that produce multi-year structural pressure.
Santa Paula Paula Unified School District trustees approved the district's first interim budget after a detailed presentation showing a higher-than-expected beginning fund balance this year and notable out-year pressures.
Business staff told the board that unaudited actuals and stronger-than-projected interest income increased the beginning fund balance and created a combined ending fund balance projection of about $17.4 million for 2025-26. That gain, they said, is partly driven by one-time and restricted revenues that must be spent before they…
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