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Board approves positive certification of 2024–25 first interim budget amid warnings of out‑year gap
Summary
Staff recommended and the board approved a positive certification for the 2024–25 first interim report; presenters said revenue rose to about $325M (including a community schools grant) while expenditures increased to approximately $385M and cautioned the board that a $12.55M reduction may be required by 2026–27 to avoid a structural deficit.
The district—inance team presented the first interim financial report for fiscal year 2024–25 and recommended the board approve a positive certification despite out‑year concerns. Assistant superintendent Roy Choudhury said that new grant awards drove a revenue increase from the adopted $316 million to roughly $325 million, while expenditures rose from about $353 million to $385 million. "Based on what we are seeing today... we are recommending that we approve a positive certification," he said.
Choudhury and staff cautioned that the out‑year outlook shows a structural deficit unless the district identifies approximately $12.55 million in reductions for 2026–27 or secures additional revenue. The board discussed timing and detail; some members asked for a deeper budget dive and additional clarification on line‑item changes. After discussion, the board approved the positive certification and requested the Los Angeles County superintendent make the stated revisions to the adopted budget. Several trustees said they would return with more targeted questions at the continuance.
