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Rowland Unified certifies second interim budget as "positive" while projecting multiyear deficits
Summary
Board received the district second interim financial report and certified a "positive" outlook for the current and next two fiscal years while staff warned of a projected multiyear deficit and outlined assumptions including COLA, CPI, and a potential $2.2 million classified early-retirement incentive not yet modeled.
Rowland Unified School District trustees voted to receive and certify the district's second interim financial report on March 12, 2026, a staff presentation that projects the district will meet its financial obligations for the current year and the following two fiscal years but shows a multiyear structural deficit.
The report, presented after a slide overview by Mary Kim and a detailed review by Corey Durand, the district director of fiscal services, said revenues and expenditures had both risen since the first interim: revenues were projected to increase by about…
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