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Simi Valley Unified board approves second interim report, affirms positive certification
Summary
The board voted to file the district's second interim financial report and issued a positive certification after a budget presentation that highlighted near-term reliance on one-time funds, rising special-education costs, pension pressures and declining enrollment.
Simi Valley Unified School District trustees voted to file the district's second interim financial report and issued a positive certification following a presentation on the district's multiyear budget outlook.
The district's fiscal presenter told the board the general fund showed a modest increase from about $56 million to nearly $57 million year over year and that cash flow is stronger than in recent years. "We do have…
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