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Ventura Unified approves first interim budget after auditors27 clean opinion; staff warns of multi-year deficits
Summary
After a clean 2024-25 audit, the board approved the first interim budget. Staff presented enrollment declines, a drop in the unduplicated pupil percentage and multi-year projections that show reserves falling from ~9.6% toward the 3% minimum without additional reductions.
The Ventura Unified School District board unanimously approved the district27s first interim budget certification after auditors issued an unmodified (clean) opinion on the 2024-25 financial statements.
Auditors from CliftonLarsonAllen told the board the district27s financial statements fairly present its finances and that the audit surfaced no material weaknesses. Auditor Gemma Tashinsky praised district staff responsiveness and noted the audit included a recent accounting standard expansion for compensated absences.
At a separate presentation the…
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