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Board receives second interim budget: positive near-term certification, warnings for 2026'27 and beyond
Summary
Assistant Superintendent Rafael Guzman presented the district's second interim budget report with a positive certification for the current and the two subsequent fiscal years, but the multiyear projection shows declining reserves and the need to identify reductions for fiscal year 2026'27 and 2027'28 if assumptions hold.
Assistant Superintendent Rafael Guzman presented the Inglewood Unified School District's second interim budget on March 12, explaining the report's assumptions and delivering a "positive" certification for the current and two subsequent fiscal years while flagging longer-term risks in 2026'27 and 2027'28.
Guzman explained key budget terms (ADA, cash flow, COLA, LCFF) and said the district had adjusted its ADA projection downward to about 91% for the current year, with modest projected increases thereafter. He reported the district ended January with about $151,000,000 in cash and an unrestricted reserve around 12%.
On revenue and expenses, Guzman walked the board through multiyear projections that showed a near-term ability to…
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