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District projects $14.7 million deficit; reserves fall to about 12% by 2027-28
Summary
District finance staff presented a multiyear budget projection showing a 2025-26 beginning general fund balance of $46,262,315, deficit spending near $14.7 million, and an ending fund balance projected at $31,520,819 with reserves declining from roughly 21% to 12% over three years.
A district finance staff member told the school district's governing board that the general fund is expected to begin the 2025-26 fiscal year with $46,262,315 and that the district is projecting deficit spending of nearly $14,700,000, leaving an ending fund balance of about $31,520,819.
The projection, presented as a multiyear forecast, shows assigned reserves for cash-in-stores of $20,000, a 3% reserve for economic uncertainties of $4,400,000, and other restricted carryover funds. The presenter said some funds — including student activity and instructional facility accounts — will show…
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