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Board approves 2023–24 unaudited actuals, adopts routine resolutions and hears budget outlook
Summary
The board approved 2023–24 unaudited actuals showing an ending fund balance of about $87 million, heard that enrollment is projected to decline below 12,000 and approved a slate of routine resolutions (heritage months, Clean Air Day, attendance awareness, sufficiency of instructional materials) by unanimous vote.
Business services staff presented the districtun‑audited 2023–24 actuals, reporting approximately $220 million in unrestricted revenues, about $82 million in restricted revenues and an ending fund balance of roughly $87 million. Presenters said the general fund reflected normal personnel spending patterns and noted that 80% of expenditures go to personnel costs. The year ended with a net surplus of approximately $10 million in their presentation.
Business staff warned of enrollment decline risks: projected enrollment below 12,000 students and continued ADA pressures could reduce revenues; they said 2024–25 COLA was set at 1.07% and projected revenue declines driven by enrollment are estimated at about 6% over the next years without changes.
During the action items portion, the board approved a series of routine resolutions by unanimous votes, including resolution 24‑14 (National Hispanic Heritage Month), resolution 24‑15 (Clean Air Day, Oct. 2), resolution 24‑16 (Filipino American History Month), and multiple policy and personnel resolutions. The board also adopted the unaudited actuals presentation as an informational item and approved related business service motions on the consent calendar.
The motions were recorded in the transcript as passing unanimously at the meeting; specific spending decisions or program changes tied to the unaudited results were not enacted at the Sept. 11 meeting beyond formal receipt and approval of consent items.
