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District staff recommend positive certification of 2024-25 first interim financial report

South Whittier School District Board of Trustees · December 13, 2024
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Summary

Associate Superintendent Aubrey Craig presented the district's first interim financial report as of Oct. 31, 2024, citing revenue/expenditure assumptions, restricted and unrestricted budget components and multi-year projections; staff recommended a positive certification and the board approved the report.

Associate Superintendent of Business Services Aubrey Craig presented the First Interim Financial Report for 2024–25, outlining revenue and expenditure assumptions, the composition of restricted and unrestricted budgets, multi-year projections and ending-balance components as of Oct. 31, 2024. Craig said staff "recommends a positive certification of the report." The presentation and full report are posted on GAMUT and the district website.

Trustees recorded no discussion and approved the Business Services agenda items, including the First Interim Report (17.1), by unanimous vote. The report was certified for the county submission process as reflected in the board's motion and vote. Board materials list next steps and recommendations for monitoring multi-year projections and any adjustments to assumptions if conditions change.

The board did not amend the staff recommendation at the meeting; the district will proceed with the certification process required by county education officials.