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Gilroy Unified certifies positive 2024‑25 unaudited actuals and approves revised 2025‑26 budget amid growing special‑education cost pressure
Summary
Chief Business Officer presented a positive certification for 2024‑25, a revised 2025‑26 budget and a multi‑year projection; trustees discussed reserve policy, state deferrals and a special‑education underfunding that requires $23.2M from the general fund.
The Gilroy Unified School District board certified the district’s 2024‑25 unaudited actuals as a "positive" certification and approved a revised 2025‑26 budget after a presentation by Chief Business Officer Mr. Mesa.
Mesa told trustees the district ended the fiscal year with a stronger-than-expected fund balance, beating estimates by roughly $4 million and holding approximately a 21.23% reserve level after adjustments and including a June deferral that was received in July. He cautioned that one-time balances have fallen from roughly $30 million in prior years to a much…
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