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CFO reports September expenditures, flags transportation encumbrances and special‑funds outlook
Summary
The district reported $24.3 million in general‑fund expenditures through Sept. 30 and $64.5 million in encumbrances; transportation encumbrances were about $32.3 million and remain a monitoring focus. Special funds are projected at roughly $81.2 million but that total includes carryover the CFO warned should not be relied on as guaranteed.
Chief Financial Officer Mister Hernandez presented the district’s September financial report and an FY26 line‑item budget update at the Finance Committee meeting on Oct. 20.
Hernandez said general‑fund expenditures through Sept. 30 were $24.3 million and monthly encumbrances were $64.5 million. He cautioned that the encumbrances reflect committed but not yet paid obligations — for example, transportation showed only about $1 million in paid expenses through September but carried roughly $32.3 million in encumbrances because that…
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