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Middletown Unified reports positive 2nd interim, flags restricted grant spending
Summary
Middletown Unified presented a second interim budget showing a positive certification through Jan. 31, 2026, citing a $292,000 LCFF increase and a rise in supplemental concentration to 60%; trustees approved the 2nd interim and a multi-year projection that keeps $1.5M in reserves.
Middletown Unified presented its second interim budget for the fiscal year on Jan. 31, 2026, and the district’s finance lead said the report carries a "positive budget interim status." The board voted 5-0 to approve the 2nd interim.
Tanya, the district budget presenter, said revenue improvements included a $292,000 increase in LCFF funding tied to the Education Protection Account and an increase in the district’s supplemental concentration from 54% to 60%. "Once again, we are in a positive budget interim status, positive certification," she said during the presentation.
The presentation listed the district’s ADA projection at 92% and noted state revenues recognized for a current-year literacy grant and the learning recovery block grant. Staff also reported a qualified zone academy bond (QZAB) debt connected to the solar array that carries about $200,000 per year in payments and is expected to be paid off in roughly four years.
Trustees asked how supplemental concentration dollars will be spent and were told that roughly $223,000 currently is unallocated and will be addressed in the upcoming Local Control and Accountability Plan (LCAP) process. Budget staff described that some restricted grant funds are being spent as "planned deficit spending" (money recognized in one year and expended over multiple years), particularly for the Golden State Pathways program, which is in year three of a six-year plan.
The district’s multi-year projection showed general fund growth if the district maintains the higher unduplicated pupil percentage, but staff cautioned continued tight fiscal controls. The board approved the 2nd interim and directed staff to bring proposed uses of supplemental concentration funding through the LCAP process.
