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Gilroy Unified CBO warns of multi‑year shortfall as board holds public hearing on 2024–25 budget

Gilroy Unified School District Board of Education · May 31, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a public hearing on the 2024–25 preliminary budget, Gilroy Unified Chief Business Officer Alvaro Mesa outlined state revenue shortfalls, projected deferrals and a multiyear enrollment decline that together create a $2.6 million near‑term unrestricted gap and ongoing deficit pressure; trustees asked clarifying questions about restricted carryover and federal grant timing.

Alvaro Mesa, Gilroy Unified’s chief business officer, told the school board during a public hearing that state budget uncertainty and declining enrollment are creating a multiyear budgeting challenge for the district.

Mesa said the governor’s May Revision left a large state revenue gap and that the state will use deferrals — delaying cash payments — that will affect district cash flow. “We will have deferrals, meaning a cash payment delay from June of this calendar year,” he said, noting the district expects roughly a $1,000,000 apportionment deferral…

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