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Oakdale Joint Unified reports narrower deficit in first interim budget; board approves report
Summary
Trustees received the first interim financial report showing estimated general fund revenues of about $82.5 million, a current-year deficit near $1.1 million and projected modest deficits in the multi-year projections; the board approved the report and acknowledged one-time carryover funds and state revenue assumptions.
District finance staff presented the first interim financial report as of Oct. 31, 2024 and summarized multi-year budget assumptions for the Oakdale Joint Unified School District.
Cassandra (district finance staff) explained differences between the adopted budget and the first interim: the adopted budget uses the governor’s May revise while the first interim reflects the enacted state budget and includes prior-year carryover and one-time grants. In the presentation staff reported…
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