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District outlines 2025–26 budget assumptions: 2.3% COLA, $127M LCFF projection, slight enrollment decline
Summary
Acting assistant superintendent John Matoss reviewed preliminary 2025–26 budget assumptions, including a projected LCFF allocation of about $127 million, a 2.3% COLA, a planned slight enrollment decline, and an estimated ending fund balance near $36.7–36.8 million.
Acting Assistant Superintendent John Matoss presented the district's proposed 2025–26 budget assumptions and timeline. Matoss said the district is preparing a three-year projection as required by state rules and is planning conservatively amid statewide revenue uncertainty following the May revise.
Key figures Matoss cited included a projected LCFF funding level of about $127 million for 2025–26 and a cost-of-living adjustment (COLA) assumption of 2.3 percent. He said the district is budgeting for a slight decline in enrollment and is planning multi-year projections that incorporate state revenue projections, certified enrollment and local assumptions.
Matoss outlined specific budget drivers: unduplicated pupil percentage (the share of students qualifying for supplemental/concentration funds), pension and labor-cost assumptions (steps and columns), routine restricted maintenance (statutorily required at roughly 3 percent of expenses), and contributions to special education (projected a little over $23 million). He said the district's estimated ending fund balance is now projected at roughly $36.7–36.8 million, down from an earlier projection of about $38 million.
Matoss cautioned that some state-directed or discretionary block grants and additional recovery funding were uncertain following the May revise; the district will be conservative about booking speculative revenue. He said the board will consider final estimated actuals and the 2025–26 budget at its June 17 meeting and noted the legislature must adopt and the governor must enact the state budget by late June.
