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District presents projected $31 million in reserves at public hearing; board opens and closes hearing with no public comments
Summary
Chief Business Officer Monique Sova presented the district's projected 2025-26 excess reserves of about $31 million, including $16.25 million set aside for budget stabilization, a required 3% reserve (~$4 million), and roughly $7 million unassigned. The board held and closed the public hearing with no public comment.
Monique Sova, the Washington Unified School District chief business officer, opened the board's required public hearing on June 26 to explain reserves that exceed the district's required minimum and to comply with the California Education Code.
Sova said the district projects roughly $31,000,000 in ending fund balance (described in meeting materials…
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