A larger-than-expected contribution of tax dollars and increased spending from the city improved the Beverly Hills Unified School District’s financial outlook for the upcoming year, district officials reported on Dec. 5.
It will wind up with over $32.5 million in its reserve fund for economic uncertainty, BHUSD Assistant Superintendent of Business Services Raphael Guzman told the district’s Board of Education during their most recent meeting. That’s over $3 million more than what they planned to have set aside when they approved the budget for the upcoming 2023/2024 school year in June.
