The Fairfield‑Suisun Unified School District Board of Trustees on April 3 approved administration’s recommendation of a "positive" certification for the district’s 2024–25 second interim financial report, indicating the district expects to meet its financial obligations for the current and next two years.
Amanda Rich, presenting for Business Services, told the board the second interim reflects a snapshot through Jan. 31, 2025 and recommended a positive certification. She said the district is projecting a $13.4 million decrease in unrestricted fund balance and a $54.2 million decrease in restricted fund balance — a total projected decrease in the general fund of $67.7 million — largely because prior‑year dollars were not fully spent. Rich said the district currently meets the state 3% minimum reserve requirement and noted there is $17.6 million set aside in Fund 17 for economic uncertainty and textbook commitments.
The certification matters because it signals the district’s short‑term fiscal stability. Rich said the projections show a positive cash‑flow balance at fiscal year end and that borrowing would not be necessary, adding that the $17.6 million reserve “will not even cover one month of payroll for the size of our district.” She also noted lower-than-expected salary costs because of vacancies and the strategic use of one‑time restricted funds to avoid using unrestricted dollars.
Board members praised the result. Dr. Tilly said she was “thrilled” to see information indicating a positive rating and commended the board and administration for adjustments that brought the budget into balance without layoffs. Board member Flynn said he supported approving the positive certification and noted the district has had no audit findings.
Administration said the next steps will depend on the governor’s May revise and that the final 2025–26 budget will be presented June 12 with potential adoption June 26.
Action: The board approved the 2024–25 second interim report and the positive certification following a motion and second. The motion was moved by Dr. Tilly and seconded by Dr. Hundley; the board voted in favor.