Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
District presents 2025–26 revenue outlook, projects balanced multi‑year budget
Summary
CBO Jeremy told the board the district projects LCFF revenue of about $18.6M and total district revenues near $26.7M for 2025–26, noted state-level Prop 98 volatility and potential ELO‑P funding increases, and outlined cost pressures including special education billbacks and insurance increases.
The Auburn Union School District Board received a budget briefing from Chief Business Officer Jeremy, who framed the FY 2025–26 outlook in the context of the state’s May Revise and Prop 98 adjustments. Jeremy said the district’s LCFF funds are projected at $18,600,000 and supplemental concentration funds at about $3,200,000. "So the total LCFF funds are 18,600,000," Jeremy told the board as he described the revenue picture.
Jeremy described expected county and state program billbacks (including a recent PCOE special‑education billback increase), negotiated salary increases, rising insurance liabilities, and projected declining enrollment. He said that while the state’s revised forecast included a potential $1.8 billion in LCFF deferrals, the district’s short‑term cash position should remain solvent. Jeremy also reviewed potential upside if the legislature funds a TK add‑on or expanded learning (ELO‑P) changes: those could add several hundred thousand to the district’s revenues if they pass and are realized.
On expenditures, Jeremy reported combined unrestricted and restricted spending lines and noted that contractor costs have risen because of staff vacancies. He summarized the multi‑year projection as fiscally stable under current assumptions but cautioned that continued declines in enrollment would require adjustments in later years. The board asked clarifying questions about carryover balances and the district’s reserves; Jeremy said final numbers will firm up when books close in September.
