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CNUSD presents second interim budget; district projects $242.5M ending fund balance and says layoffs not expected
Summary
Finance staff told the Corona‑Norco Unified School District board that the 2025–26 second interim budget projects an ending fund balance of $242.5 million, an ADA of 46,256 and revenue gains driven by interest and Medi‑Cal billing; the board pressed staff on statewide layoffs and district leaders said they do not anticipate layoffs.
Patty Sanchez, the district budget lead, presented Corona‑Norco Unified School District’s 2025–26 second interim budget and multiyear projections, telling the board the district is meeting AB 1200 solvency requirements.
Sanchez said the district certified a 72% unduplicated pupil percentage and adjusted average daily attendance to 46,256. She said the second‑interim column projects an ending fund balance of $242,500,000, with committed funds of $20.9 million and $112.7 million in restricted grants. The presentation listed $2.4 million in revolving cash and prepaid expenditures,…
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