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Rocklin Unified projects healthy reserves but acknowledges reduced intervention services as COVID recovery funds end
Summary
Deputy Superintendent Jennifer Stallber reported a $2.4 million increase in revenues since the first interim, driven in part by grants for electric buses, but rising expenditures — including capital outlay and a one-time 3% salary adjustment — left a lower estimated ending fund balance even as the district retained required reserves and earned a positive certification.
Deputy Superintendent Jennifer Stallber told the Rocklin Unified School District board that the district—s second interim report (financial position as of Jan. 31) shows total revenues up about $2.4 million since the first interim but that expenditures rose faster, largely because of capital outlay for electric buses and a one-time 3% salary adjustment.
Stallber said the revenue increase included small LCFF adjustments and federal program changes, while other local revenue rose by more than $2.5 million after the district budgeted recently awarded grants for electric buses. "We've replaced eight buses already and are on the road to replacing eight…
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