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John Adams Academy’s Lincoln location is seeking a seven-year charter renewal from Western Placer Unified School District as the school restructures its high school program and continues to address its finances.
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The proposed charter would run from July 1, 2027, through June 30, 2034, if approved by the district board.
The school district held a public hearing Tuesday. The district is expected to post its findings Sept. 21, and the renewal request is scheduled to go before the school board for review Oct. 6.
The renewal request follows financial challenges at the Lincoln campus. School officials reported in March that the campus had operated at a deficit for three consecutive years and was projecting a roughly $950,000 shortfall for the coming school year.
Officials said the Lincoln high school would need an additional 101 students to move toward a positive financial position. At the time, the high school had about 125 students, compared with roughly 300 at the school’s Roseville campus.
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In March, John Adams Academy eliminated its Lincoln location’s high school program and relocate 124 high school students to its Roseville campus.
The restructuring comes as enrollment differs significantly between the campus’s younger and older grades. School officials said Lincoln’s TK-8 program has a waiting list of more than 600 students, while high school enrollment has remained relatively flat.
The change is also reflected in the school’s latest financial projections, which show improvement from the deficit reported earlier this year.
For 2026-27, John Adams Academy in Lincoln projects $20.5 million in revenue and $19.8 million in expenses, resulting in an estimated $780,827 increase in net assets.
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The school projects ending the fiscal year with about $4.69 million in net assets.
The five-year budget projects positive annual results through 2030-31. The report said revenue is expected to grow from about $20.5 million in 2026-27 to $24.1 million in 2030-31, while expenses are projected to increase from $19.8 million to $22.5 million.
The budget does not cover the full seven-year renewal period.
Enrollment remains a significant factor in those projections. The school expects about 1,500 students across its Lincoln in-person and online programs in 2026-27 and projects enrollment to remain at roughly that level through 2030-31.
Of the school’s projected revenue for 2026-27, $17.1 million is expected to come from the state’s Local Control Funding Formula, which provides funding largely based on enrollment and attendance.
The school also projects approximately $1 million in federal revenue, $2 million in other state revenue and $456,000 in local revenue.
Personnel and facilities account for substantial portions of the school’s projected expenses.
The 2026-27 budget includes about $6.3 million for certificated salaries, $2.6 million for noncertificated salaries and $2.3 million in employee benefits. Facility leases are projected to cost about $2.3 million.
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