Board approves 45‑day revised budget; staff flags settle‑up risk and charter-authorizer duties

Michelle Coffin, director of fiscal services, presented the district’s 2026–27 45‑day revised budget and highlighted changes since the June adopted budget. She reported a combined statutory and LCFF‑related COLA of 4.31%, special‑education base-rate augmentation increasing funded ADA for students with disabilities by 341 ADA, and enacted budget elements that pose risk — notably a statewide settle‑up proposal described in the presentation as a near‑$4 billion underfunding of Proposition 98 in 2025–26 that could affect timely LEA repayments.

Coffin said the net effect of budget changes is an increase in total revenues of $7,680,286 matched by increased restricted expenditures (including a student-support and professional-development discretionary block grant). After required reserve adjustments the projected fund balance decreased by $171,069. She also listed new charter‑authorizer responsibilities enacted in the state budget, such as expanded audit compliance, verification of charter attendance and ADA, and increased site visits and oversight obligations.

Board members asked for a brief statement on the district’s fiscal health; staff said the district remains stable now but cautioned that ongoing deficit spending is being managed with one‑time funds and that the district must be careful in future years. The board approved the 45‑day revision by roll-call vote.