Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Merced Union HSD financial briefing: one-time funds mask structural revenue pressures
Summary
Finance staff told trustees the district's 2024-25 un-audited actuals show a $36 million restricted balance—about $20 million remaining after prior spending—with roughly $14 million of restricted funds set to expire in two years; LCFF baseline is flattening and enrollment dipped about 50 students.
District finance staff presented the Merced Union High School District's 2024-25 un-audited actuals to trustees on Aug. 28 and warned that one-time federal and state funding has temporarily increased restricted balances while baseline LCFF revenue is flattening.
Presenters said the district's fund balance totaled about $36 million, of which roughly $20 million remains and approximately $14 million must be spent within two years.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
