Mr. Dror, the district treasurer, presented the October financial report and a multi-year forecast during the Nov. 24 meeting, warning of significant long-term fiscal pressure and explaining how the recently passed levy alters the outlook.

He said the district’s cash-day metric stood at 139 days (down from 152 a year earlier), noted that revenue was down about 14% year over year while expenses fell only slightly, and highlighted drivers including a 26% decline in real-estate tax receipts tied to election timing. He told the board the district’s prior five-year projection showed cumulative deficit spending on the order of "millions" and that without levy revenue the forecast indicated the district could be out of money in fiscal year 2028.

"This is where we look at — the main line here, look at line 60, it showed our deficit spending over the next 5 years," Mr. Dror said, citing multi-year deficit figures and concluding the levy’s passage was necessary to avoid near-term insolvency. He also flagged that certain pending state bills could reduce local property-tax growth and change how revenues count toward state formulas, which could complicate long-term planning.

Mr. Dror reported the district’s audit is effectively complete except for the federal single audit component; auditors are awaiting guidance on auditing certain federal grant funds (IDEA) and other requirements before finalizing the audit.

The board moved and approved the October 2025 financial report by roll-call vote during the meeting.