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Board approves adjustments to special revenue funds; Measure 98 carryover cited
Summary
District staff told the board they are increasing state revenue related to Measure 98, SIA and early literacy carryovers while federal ESSER carryover is absent; board approved the adjustments as part of the supplemental budget.
District staff summarized changes to the district's special revenue funds, reporting a net increase of $100,000 overall. Denise said the state revenue increase of $350,000 reflects carryover dollars for Measure 98, the Student Investment Account (SIA) and an early literacy grant that the district must spend out by the fiscal year-end.
She explained that the district budgeted for potential ESSER federal carryover last year but those dollars did not materialize this year, so federal revenue is reduced by $250,000 in the supplemental. Denise also noted a reallocation to pay special-education stipends the state issued on the 11th and that some appropriations will shift from instruction to support in alignment with the SIA plan.
