MVUSD Study Session Meeting Board of Education 6/15/26

The Moreno Valley Unified School District Board of Education held a study session on June 15, 2026, focused primarily on the district's fiscal stabilization plan and budget outlook. Presenters from the business office detailed the district's multi-year budget projections, highlighting challenges such as declining enrollment, lower cost-of-living adjustments (COLAs), and the expiration of one-time state and federal relief funds. The discussion emphasized the structural deficit of approximately $13 million annually, driven largely by salary and benefit costs, and the need for proactive financial planning to maintain fiscal solvency through 2028-2029 and beyond. Board members and staff discussed strategies including right-sizing staffing, evaluating contracts for return on investment, maximizing restricted funds, and addressing liabilities such as vacation pay. The session also covered the impact of restricted versus unrestricted funds, special education funding challenges, and the importance of student attendance on revenue. No immediate budget actions were taken, but the board was preparing to approve a budget at the June 23 meeting that meets certification requirements. The meeting concluded with plans to continue monitoring and adjusting the budget as state funding and enrollment data evolve.