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Board approves budget adjustments and designates committed fund balances for 2025–26
Summary
The Board approved budget adjustments for July 1, 2025–Jan. 31, 2026 and adopted Resolution No.13(2025-2026) to designate portions of the general fund as committed fund balance, citing GASB 54 guidance and Board Policy 3100.
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At the March 4 meeting the Montebello Unified Board approved summaries of budget adjustments for the period July 1, 2025 through January 31, 2026, following a brief presentation by CFO Donald G. Ellingson. The board voted unanimously after a motion by Carlos Cerdan and a second by Elizabeth Cabrera.
Ellingson also reviewed Governmental Accounting Standards Board (GASB) Statement No. 54 and Board Policy 3100 before the board adopted Resolution No.13(2025-2026) designating certain portions of the district's general fund ending balance as committed fund balance for the 2025–26 fiscal year. President Liliana Magana moved to adopt the resolution; Marisol Uribe seconded and the roll call was unanimous.
