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Acting CBO presents 2026–27 budget assumptions; board hears ELOP adjustment impact
Summary
The district presented a conservative 2026–27 budget built on a 2.41% COLA assumption, noted enrollment decline and explained a finalized ELOP adjustment that will reduce the district’s 2026–27 allocation; staff estimate a net movement of previously reserved funds into beginning fund balance and predict a roughly $5.1M adjustment.
The acting chief business officer presented the Santa Rita Union Elementary School District’s proposed 2026–27 budget during a public hearing on June 10, outlining key assumptions and the projected impacts of a finalized Extended Learning Opportunity Program (ELOP) adjustment.
Budget staff said the budget was prepared using a conservative cost‑of‑living adjustment of 2.41% rather than the Governor’s May revision of 2.87%, and that district enrollment continues a gradual decline common in neighboring districts. The presentation reviewed general fund projections, restricted funds (student body, cafeteria), bond‑fund projects (completion at Gavilan View Middle School, startup for La Hoya) and developer fees.
Crucially, staff explained the state finalized an ELOP funding adjustment related to a prior penalty; the district previously reserved approximately $4.4 million for the penalty. The state will apply an adjustment that reduces the district’s 2026–27 allocation; staff estimate an overall impact in the neighborhood of $5.1 million and said the reserved amount will be freed into beginning fund balance to offset the effect. The CBO clarified the adjusted penalty will not exceed the funds previously received. Core services — including swim, after‑school programs and Boys & Girls Club partnerships — will continue, though some supplemental items funded from one‑time balances may be reduced.
Trustees asked for conservative assumptions and transparent, verifiable numbers for future reports; staff committed to bringing updated multi‑year projections after state actions are finalized. The board closed the public hearing with no vote required at this meeting.
