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NHUSD budget presenters outline assumptions and timeline; district projects LCFF revenue of about $124 million
Summary
At the June 4 meeting the district's budget presenter summarized 2024'25 assumptions: a 1.07% COLA in the May Revision, reliance on LCFF components, and enrollment decline that produces a net operating loss despite the small COLA; final adoption is scheduled for June 18.
Miss Heldman presented the New Haven Unified School District's preliminary proposed budget for 2024'25, detailing a three-year budgeting approach (one year plus two out years), the revenue assumptions used and next steps toward adoption. "We are close to wrapping up our 24'25 budget season," Heldman said, and later told trustees the formula-driven LCFF would generate "over 124 million" for the district under current assumptions.
Heldman explained that the governor's May Revision proposes a 1.07% cost-of-living adjustment (COLA) and that LCFF revenue is composed of base, supplemental and concentration grants. However, she warned that an enrollment decline means the district could still see an overall loss even with the modest COLA. She also noted that the state budget remains fluid, that trailer bills will provide additional detail, and that if changes occur after the governor signs a final budget the district must perform a 45-day budget revision.
Key takeaways: the district projects more than $124 million in LCFF formula revenue under current assumptions but faces enrollment-related revenue pressure in later years as temporary ADA relief phases down. The presentation reviewed pension rate assumptions (CalSTRS/CalPERS), class-size and staffing assumptions, and the schedule that leads to a June 18 adoption vote and a December first interim report.
Next steps: trustees will receive an updated budget for possible adoption on June 18; the superintendent and budget staff will update figures as the state finalizes the budget at the end of June.
Why it matters: the assumptions and staffing allocations approved in the district budget determine school-site funding, staffing levels and program continuity across the district.
