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Murrieta district files positive financial certification and awards $525,894 playground contract
Summary
Trustees approved the 2024-25 second interim financial report with a positive certification while staff warned of a multi-year structural deficit tied to enrollment declines and exhausted one-time funds. Separately the board awarded a $525,894 contract to replace play areas at the Early Learning Enrichment Center using targeted grant/loan funds.
District finance staff presented the 2024-25 second interim financial report and recommended filing a "positive" certification, saying the district can meet obligations for the current and two subsequent fiscal years while warning of a structural deficit that will require further fiscal adjustments.
Chief financial staff described revenue increases in interest receipts and some restricted grants, offset by ongoing cost pressures including rising utilities and labor costs. Staff emphasized the district had shifted some salaries to restricted…
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