Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the District Budget topic
No spam. Unsubscribe anytime.
Board reviews preliminary district budget: enrollment growth, LCFF totals and multiyear projections highlighted
Summary
At the May 27 hearing, district staff presented a high-level preliminary budget: LCFF funds of about $150 million, projected district revenue near $190 million, enrollment growth to over 12,000 by 2027–28 and multiyear reserves projected around 8–14%.
District finance and administrative staff presented the preliminary 2025–26 budget during a May 27 public hearing, outlining enrollment growth, LCFF per-student rates, revenue and reserve projections and a set of active and planned capital projects.
The budget presenter summarized that total Local Control Funding Formula (LCFF) funds for the district are about $150 million and the district projects total revenues near $190 million next year when other state, federal and local revenues are included. The presenter said the district currently receives about $13,439 per student under LCFF and projected a modest per-student increase to roughly $13,890 next year.
Enrollment growth was a focal point: staff reported district enrollment increasing from approximately 10,000 to 11,000 students and projected enrollment above 12,000 by 2027–28 — a driver of future revenue and staffing needs. Multiyear projections displayed an estimated current-year ending fund balance near 14% (about $25.7 million) with future-year projections ranging near 8–12%; staff noted district targets include a minimum reserve of 6% and a working target close to 10% to avoid revenue-trigger constraints.
Budget staff described how much of the district budget is dedicated to salaries and benefits — roughly 80–85% of expenditures overall — and explained the difference between one-time funds being spent now and ongoing revenue that drives future-year projection sensitivity. Staff also flagged state-level uncertainty: while the LCFF base Cost-of-Living Adjustment (COLA) was finalized at 2.3%, multi-year state revenue projections have softened and the district is monitoring possible impacts.
Facilities and capital projects were outlined: near-complete district office construction, a full roof replacement at Granite Bay High School, HVAC upgrades at Oakmont and Woodcreek, the Roseville High School classroom/pool/tennis modernization project (groundbreaking completed), initial designs at Oakmont and West Park for new classroom and performing-arts facilities, and Woodcreek softball field work. Staff also noted a planned sale of SFID bonds (~$50 million) anticipated in early July to fund major projects.
The budget public hearing closed with no public speakers; staff outlined upcoming steps including a possible June 10 update and the unaudited actuals process in September.
