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ACOE presents unaudited 2023–24 actuals showing $183,000 surplus after expected deficit
Summary
Cheryl Kaiser of the Alameda County Office of Education reported that Sunol Glen Unified’s unaudited actuals for 2023–24 show an excess of revenues over expenditures of $183,000 — a swing of roughly $478,000 from the originally anticipated $295,000 deficit — driven by local donations, increased interest, and unfilled positions.
Cheryl Kaiser of the Alameda County Office of Education presented the district’s unaudited actuals for fiscal year 2023–24, explaining that the year closed with an excess of revenues over expenditures of $183,000. Kaiser said the district had an overall revenue gain of just over $500,000 — including a $340,000 donation for window replacement and installation, $46,000 in higher interest revenue and roughly $50,000 in greater revenues for an on‑site program — while expenses were about $76,000 (1.5%) higher than budgeted. Kaiser described this as a swing of almost $478,000 from a previously forecast deficit of nearly $295,000.
Kaiser also reviewed enrollment and ADA (enrollment 268; ADA 263.46), noted a 6% salary increase plus a 2% one‑time bonus given to bargaining units, and explained that some capital outlays were moved from the general fund to the bond fund. Trustees asked clarifying questions about supply overages and the composition of other funds; Kaiser offered to provide more detailed breakdowns in follow-up materials.
