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Corona-Norco USD reports 2024-25 unaudited actuals; board presses staff on teacher supplies
Summary
Patty Sanchez presented the district 2024 25 unaudited actuals showing $919.1M in revenues, $922.6M in expenses and a $310.2M ending fund balance; board members raised concerns about large supply carryovers and site access to materials.
Patty Sanchez, administrative director of business services, presented Corona-Norco Unified School District 2024 25 unaudited actuals to the board on Sept. 2.
Sanchez summarized the year: total revenues of $919.1 million, expenses of $922.6 million and a net decrease of about $3.5 million. She told the board the district ended the year with an unaudited fund balance of about $310.2 million, including $156 million in restricted grant carryovers and assignments covering LCAP supplemental funding, school-site budgets and an enrollment-decline reserve.
Board members pressed staff for details on categories they said had significant carryover. The presentation showed $44.6 million assigned for LCAP supplemental and concentration and a $55.1 million reserve for enrollment decline; committed capital-outlay items and technology replacements were also itemized by Sanchez.
Several trustees raised operational concerns about year-to-year carryover in supply accounts, saying classroom teachers should not be left without basic materials while district warehouses hold inventory. District staff responded that teachers should first coordinate with principals and may request additional resources through site support forms or by contacting the business office; Melissa Elwood was identified as a direct contact for unresolved supply needs.
The board did not take formal budget-adoption action at the presentation; members were reminded that related board action and AB 1200 filings would appear later in the consent agenda and with the county office by the Sept. 15 filing deadline.
What happens next: the board will consider related budget and consent items later in the agenda and will file required documents with the county office as required by state law. The unaudited actuals remain subject to final audit and formal adoption procedures.
