District business staff presented revised revenue and financial reports showing a modest improvement in near-term balances while warning of continued risks ahead.

According to the business office presentation, the estimated ending fund balance for the 2024–25 fiscal year rose by about $213,000 compared with earlier projections; the estimated ending fund balance for 2025–26 is up by about $685,000. The staff member presenting the report said those figures reflect updated payroll and furlough assumptions and are still early estimates.

The report noted the improved figures still leave the district with an estimated ending fund balance at roughly 2.5% of expenditures, below the commonly recommended 5% reserve. Staff said the restored instructional days will increase payroll costs now budgeted into the general fund and that the estimated cost to restore furlough days is roughly $110,000 per day for the district this year.

Superintendent and business staff warned of additional pressure for the 2026–27 budget: current preliminary enrollment shows roughly 40 fewer students, which the presenter said could reduce State School Fund revenue by roughly $11,000 per student, increasing fiscal pressure; combined with future cost-of-living adjustments the district could face additional cuts approaching the range of the restored furloughs.

Board members pressed staff for clarity on where restored furlough-day funds would be identified in the budget; staff said general-fund adjustments and trigger language in union memoranda of understanding will govern that restoration. Staff also noted that some expenditures remain encumbered (purchase orders and estimated invoices) and will be finalized as year-end closing proceeds.

No new budget vote occurred at the meeting; the presentation was informational and staff said they will return with updated figures as enrollment and state revenue estimates are finalized.