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Corona‑Norco trustees hear second‑interim budget showing increased revenues and planned expenditures
Summary
District staff presented the 2024‑25 second interim budget showing a projected revenue increase of about $10.5 million and expenditure increases of $14.5 million (largely for furniture refresh, textbooks and expanded learning), with committed funds and a capital reserve; staff recommended a positive certification in the consent agenda.
Melissa Elwood presented the district’s 2024‑25 second interim budget to the board, outlining current‑year adjustments and multi‑year projections.
Elwood said the district certified an unduplicated pupil percentage of 72% and adjusted average daily attendance downward; projected revenues rose about $10.5 million compared with the first interim (driven largely by interest and some state/local grants), while projected expenditures increased about $14.5 million,…
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