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Board adopts 2025–26 budget, hears reserve statement and approves Proposition 30 education protection resolution
Summary
Trustees formally adopted the Belmont‑Redwood Shores School District 2025–26 budget, heard the required public statement of reserves and passed a resolution allocating Proposition 30 Education Protection Account funds to certificated salaries.
The Belmont‑Redwood Shores School District Board of Trustees adopted the district's 2025–26 budget Tuesday, held the required public hearing on unrestricted reserves and approved a resolution committing Proposition 30 Education Protection Account funds to certificated salaries.
Chief Business Officer Rhys Matsumoto briefed the board on reserve requirements and the district’s multi‑year plan. Matsumoto explained the public statement of reserves is a state requirement when a district’s unrestricted reserves exceed the state minimum; the document shows how the district intends to use those funds to close multiyear deficits. He told trustees the budget continues to project a deficit of roughly $5.3 million aligned with a multiyear plan intended to close the gap over several years.
On Proposition 30, Matsumoto noted the district must pass an annual resolution confirming that education protection account dollars will be spent on teacher salaries. "The amount of this is roughly $760,000," he told the board, and confirmed certificated salary budgets will count the funding toward next year's expenditures.
Trustees asked for line‑item clarifications. One trustee requested more detail on the $2.7 million budgeted for books and supplies; Matsumoto explained this category includes textbooks, consumables and some maintenance equipment, and said staff can provide more granular budget code detail on request.
The board voted to adopt the 2025–26 budget as presented and to approve the Proposition 30 resolution; both motions passed by unanimous voice vote. The public hearing on the statement of reserves was opened and closed with no public speakers and no changes to the document.
Matsumoto reiterated the district will continue to use stimulus reserves and other one‑time funds to smooth the projected deficit while enrollment and revenues adjust, and he said the board will receive periodic updates on fiscal progress and bond financing.
