Angela Cox

The Plumas Lake Elementary School District is projected to experience budget deficits in the coming years, with specific figures provided for 2025-26, 2026-27, and 2027-28. The projections assume no growth in LCFF revenue, which is tied to enrollment and average daily attendance (ADA). Despite these deficits, the District maintains sufficient reserves and has earmarked funds to address them. Enrollment growth could lead to additional LCFF revenue. Expenditure priorities are reviewed and adjusted based on enrollment and the State budget outlook. Staff recommends approving the 2025-26 First Interim Report with a positive certification, including proposed budget adjustments.

The document outlines the certificated salary schedule for the Plumas Lake Elementary School District for the year 2025/2026. It details salary ranges based on education level (BA, BA + various credits) and years of experience, with specific amounts listed for each step from 1 to 27+ years.

The budget development includes the State Budget Timeline and District Budget timeline. The district will be deficit spending in the budget year as well as the subsequent years. The District has sufficient reserves to cover these deficits and has set aside funds in reserves to cover the operating deficits in subsequent years. The District re-examines expenditure priorities during the budget development process and will make decisions based on growth and the state budget outlook. Staff recommend the PLESD Governing Board approve the 2025-26 Budget with a positive certification and the 2024-25 budget adjustments within.

The meeting discussed the financial reporting cycle, budget assumptions, and multi-year projections. It covered revenue sources, expenditures, one-time expenditures using reserves, and fund balances for various funds including the General Fund, Cafeteria Fund, Deferred Maintenance Fund, Capital Facilities Fund, and Debt Service Fund. The district anticipates deficit spending in the budget year and subsequent years but has sufficient reserves to cover these deficits. Staff recommended the Governing Board approve the 2024-2025 Second Interim with a positive certification and the budget adjustments within.

The 2025-26 Local Control and Accountability Plan for Plumas Lake Elementary School District focuses on several key goals. These include ensuring students achieve competency in State Standards through effective instruction, supporting students' social, emotional, and behavioral growth, and improving school attendance while reducing chronic absenteeism. The plan emphasizes creating an inclusive environment, providing targeted support for struggling learners, and enhancing communication with families to foster a positive and engaging school experience.