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Ventura Unified presents 2024–25 unaudited actuals; trustees seek follow-up on $3.3M variances
Summary
Chief business staff reported a $2.3 million net income for 2024–25 but flagged $3.3 million in expenditure variances (notably $3.7M in services and $1.2M under supplies). Trustees asked for monthly site-level detail and a first‑interim review of substitute and contracted services spending.
Ventura Unified officials presented the district's 2024–25 unaudited actuals and fielded extensive trustee questions about revenue timing and several multi‑million‑dollar variances.
"At the close of the fiscal year, the district's annual net income came in at $2.3 million," Assan, the district's chief business officer, told trustees, adding that the final figure was about $47,000 less than the adopted estimate. He explained that revenue timing—chiefly a $1.6 million Healthy Campus grant that landed earlier than expected—helped offset higher expenditures in several categories.
On the expenditure side, staff reported…
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