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Antioch Unified closes 2024–25 with small fund balance dip; trustees urged continued budget reductions
Summary
District financial staff presented 2024–25 unaudited actuals showing modest enrollment growth and a small decline in the general fund ending balance; the board approved the closeout and discussed carryover restricted funds, reserve levels and a multi-year reduction target.
Antioch Unified School District’s finance team presented the 2024–25 unaudited actuals and the board approved the financial closing for the year. The district reported a modest enrollment increase (+218 students) and slightly higher average daily attendance, while the general fund ending balance decreased marginally from previous estimates.
Chief Financial Officer Liz Robbins told the board that the district’s restricted carryover totaled roughly $61 million (grants and program balances), that it will enter 2025–26 with a 3% economic uncertainty reserve and that some federal and state grants remain deferred into the new fiscal year. The district also highlighted one-time local revenues (interest, medical billing receipts) and explained reclassifications between books/supplies and salary lines tied to summer programs.
Trustees and staff discussed the district’s ongoing multi-year budget work, including a target of approximately $6 million in potential reductions for the 2026–27 budget cycle; trustees asked for detail on enrollment trends, program-by-program carryovers and options to align spending with board priorities. The board voted to adopt the unaudited actuals and thanked fiscal staff for a clear presentation.
Next steps: District staff will incorporate the unaudited actuals into the 2025–26 adopted budget, refine multi-year projections, and return with recommended budget-reduction options and a schedule for monitoring enrollment and program carryovers.
