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Beaumont Unified certifies 2024‑25 second interim, projects multi‑year reserves above state minimum
Summary
The Beaumont Unified School District board certified its 2024‑25 second interim financial report March 4, noting an approximate $500,000 increase in projected ending balance versus the first interim and confirming the district meets the state 3% reserve requirement though multi‑year district‑set reserves decline over the projection window.
Beaumont Unified School District trustees certified the district’s 2024‑25 second interim financial report at the March 4 board meeting, after a presentation by district staff on revenue, expenditures and reserve projections.
The presentation said district revenue increased about $1.4 million since the first interim, driven by roughly $600,000 in federal program funding, an increase of about $132,000 in state mandated‑cost revenue and approximately…
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