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Board adopts 2025-26 budget and authorizes temporary interfund transfers for cash management
Summary
Trustees adopted the district'wide 2025-26 budget and approved temporary interfund and county-treasury transfers to manage short-term cash flow and year-end budget adjustments; Business services staff explained the difference between cash borrowing and budget transfers.
The La Mesa-Spring Valley School District board adopted the 2025-26 district budget at its June 24 meeting and authorized temporary interfund transfers and a county-treasury transfer mechanism to manage cash and year-end budget cleanup.
Tina, who answered board questions about finance, explained the first transfer "is really about borrowing…
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