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District auditors give clean opinion; board approves bond refinancing and measure M issuance steps
Summary
The board reviewed 2024–25 unaudited actuals showing a combined fund balance of about $106.8 million, accepted the independent audit and approved a bond refunding expected to save roughly $2 million; trustees also voted to reauthorize Measure M issuance paperwork to allow sale in early November.
Pajaro Valley Unified’s finance presentation on Sept. 10 painted a stronger picture than some community members expected, prompting a mix of relief and sharper questions from union leaders pressing for restored student supports.
Consultant Douglas Kryer presented the district’s 2024–25 unaudited actuals, reporting an ending combined fund balance of roughly $106.8 million and a modest unrestricted surplus on the general fund. Key line items included property‑tax receipts of about $102.6 million and a district average daily attendance near 13,700 (the district was funded on a higher prior‑year average). Kryer and staff said most programs were…
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