Chico Unified projects multi‑year budget shortfall; board approves first interim budget
Business staff presented the district's first interim budget showing a projected $3.78 million negative change in fund balance for 2024‑25 (largely from a one‑time $2.5 million salary payment), a forecasted $1.6 million deficit in 2025‑26 and a potential $4.3 million deficit in 2026‑27; the board approved the interim budget and self‑certified as "positive."
The full story
Chief business officials Marie Hartman, Sharice Bromley and Jaclyn Krueger presented Chico Unified’s first interim budget for 2024‑25, which the board approved by motion and unanimous vote.
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