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El Monte reports $26M structural deficit in 2024–25 unaudited actuals; board approves filing
El Monte City School District Board of Education · September 16, 2025
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Summary
District staff reported a structural deficit of roughly $26 million for fiscal year 2024–25, attributed to the expiration of one‑time state and federal funds; the board approved the district's unaudited actuals submission and directed staff to develop a fiscal stabilization plan.
District staff presented the 2024–25 unaudited actuals on Sept. 15, the first formal accounting after the close of the fiscal year. The report, required by Education Code, showed that expenditures exceeded revenues in 2024–25, producing a structural deficit…
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