The Jefferson Union High School District (JUHSD) held its regular board meeting on September 16, 2025, focusing on financial updates and fund management. The meeting began with a review of various funds, highlighting their current balances and intended uses.

The discussion opened with a report on Fund 17, which is designated for specific educational purposes. The district currently holds approximately 1.38% in this fund, and a recommendation to transfer additional funds will be considered at the first interim meeting. Last year, the board approved a transfer of $300,000 into Fund 17.

Next, the board reviewed Fund 21, the building fund, which boasts a substantial ending balance of $104 million. This high balance is earmarked for the construction of the Jefferson gym and pool project, which is expected to be a significant financial undertaking.

The meeting also addressed Fund 25, the capital facilities fund, which receives revenue from developer fees associated with new construction in the area. The board noted that this fund has not been actively utilized in recent years, with annual growth varying based on local construction activity, typically generating between $300,000 to $800,000.

Further discussions included Fund 603, which supports the Daly City Youth Health Center and employee housing programs. The Youth Health Center reported an ending balance of $847,000, while the employee housing program concluded the year with approximately $5 million.

The board also touched on several other funds, including Fund 8, which represents student activities, and Fund 40, a special reserve fund for capital projects. Fund 51, managed by the county, is primarily used for bond repayments, while Fund 56 is similar to Fund 40, designated for certificates of participation (COP) repayments.

In conclusion, the meeting provided a comprehensive overview of the district's financial status, with key discussions centered on fund balances and future financial strategies. The board plans to revisit these topics at the upcoming first interim meeting, where further recommendations and decisions will be made regarding fund allocations.