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Finance report: July FY26 receipts limited by accruals; fund balance supports operations until property-tax revenues
Summary
The board reviewed the district's July FY26 financials. Finance staff said July activity was light because many payments were accrued to June; the district reported total assets of about $83 million, liabilities of about $10 million and a general fund balance near $72 million.
Miss Meunier, director of finance, presented the district's first-month financial report for fiscal year 2026 at the Aug. 25 meeting.
Meunier told trustees that July activity is typically light because many July payments are accrued back to June. She said the district received the first state aid classroom payment for the year and that figures are…
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