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Budget preview: Redondo projects modest revenue gain and a 13% reserve; staff outlines committed strategic funds
Summary
Deputy superintendent presented the 2025'26 budget preview, projecting a conservative $1.88 million revenue increase (effective COLA reduced by enrollment), $133 million in total revenues, and a projected reserve around 13% after committed strategic-plan funds; staff said federal funds are about $2.6 million and that committed funds total $9.57 million remaining.
District finance staff briefed the board on the 2025'26 budget and reserve disclosures, outlining assumptions, projected revenue and the district's committed strategic-plan funds.
Deputy Superintendent Annette Alpern described the three views used in district budgeting (un-audited actuals, interim reports and next-year projections) and said the adopted budget is conservative pending the final state budget in July. She summarized assumptions behind the projections: a statutory COLA that is tempered by declining enrollment, an assumed 0.5%…
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