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District finance staff recommends positive certification despite drop in enrollment and revenue shortfall
Summary
Staff recommended and the board approved a positive certification for the 2024–25 first interim report. The presentation showed a year‑over‑year enrollment decline (about 28 students), an estimated $180,000 reduction in budgeted revenue and a $226,000 increase in deficit spending that will require monitoring and possible adjustments in future years.
District financial staff presented the 2024–25 first interim report and recommended a positive certification, telling trustees the district can meet its obligations for the current and two subsequent years while meeting a 5% reserve requirement. "We recommend a positive certification for 1st interim," staff said.
The presentation included enrollment and revenue details: enrollment fell from 268 to roughly 240 students (a loss cited of about 28), funded ADA declined and budgeted revenue dropped by about $180,000, while deficit spending increased by roughly $226,000. Staff highlighted that LCFF reductions tied to ADA and a lower Title I apportionment were the primary drivers. Trustees discussed whether this pattern was consistent with statewide trends and asked staff to monitor multi‑year projections and COLA outcomes, with staff noting the governor's January budget and final adjustments in May could change projections.
After discussion, the board voted to approve the first interim report as presented, and staff said they will return with further analysis and potential corrective options in coming budget cycles.
