PRESENTATION AND REQUEST FOR APPROVAL OF A BUDGET AMENDMENT TO ADDRESS PROJECTED REVENUE SHORTFALL: Speaker(s): Jessica Crabb, Asst. Superintendent/CFO Description: The Board will receive a presentation regarding a proposed budget amendment for the current fiscal year. The amendment would authorize the transfer of funds from the district’s fund balance into the operating budget to address a projec

Staff Report & Agenda Item Details

13.d. PRESENTATION AND REQUEST FOR APPROVAL OF A BUDGET AMENDMENT TO ADDRESS PROJECTED REVENUE SHORTFALL: Speaker(s): Jessica Crabb, Asst. Superintendent/CFO Description: The Board will receive a presentation regarding a proposed budget amendment for the current fiscal year. The amendment would authorize the transfer of funds from the district’s fund balance into the operating budget to address a projected revenue shortfall. The adjustment is necessary due to lower than originally projected enrollment levels and corresponding decreases in Average Daily Attendance (ADA) and Weighted Average Daily Attendance (WADA), which directly impact state funding allocations. Administration will provide an overview of the revised financial projections and the recommended adjustment to ensure the district maintains a balanced budget while continuing to support district-wide operations and instructional programs.