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Paramount Unified budget presentation warns of multi‑year deficits as enrollment falls
Summary
Business services staff told the board that declining enrollment and one‑time funding expirations could produce multi‑year deficit spending — a projected $6 million shortfall this year rising to $18 million next year and continued risk after that.
Paramount Unified finance staff on June 11 presented estimated actuals for 2024–25 and a tentative budget for 2025–26 that project growing multi‑year deficit spending largely driven by declining enrollment.
The district reported combined revenues of about $261 million and projected general‑fund expenditures near $284 million for 2025–26. Presenters said the state COLA is confirmed at 2.3% while average daily attendance (ADA) and enrollment remain below pre‑COVID levels.…
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