Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Washington Unified board approves second‑interim budget showing multiyear deficit spending, $16.25M moved to stabilization fund
Summary
The board certified a "positive" second‑interim report and approved a package of adjustments that leaves the district projecting deficit spending in future years while preserving a board‑required 6% general‑fund reserve by moving $16.25 million to a Fund 17 budget‑stabilization account.
The Washington Unified School District board voted to approve the district's second‑interim financial report on March 27, affirming the district's certification as "positive" for the current year while acknowledging deficit spending over the multi‑year projection.
The budget presentation from Chief Business Officer Monique Stovall and Fiscal Director Billy Duba showed an improved ending general‑fund balance for 2024–25 but continued structural deficits in subsequent years. "We are certifying this budget as positive," Stovall said during the presentation, noting the designation reflects staff's projection that the district can meet…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
