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District reports improved fund balance and considers $1,000 one‑time employee bonus
Summary
Finance staff reported a better-than-expected FY25 close and proposed a one-time $1,000 gross retention/retention-style bonus for all district employees to offset lost supplemental pay and looming health-insurance premium increases; the board discussed equitable targeting and timing and will consider action at the next meeting.
Heidi, the district finance lead in the work session, reviewed the draft audit materials and fund‑balance history, telling the board that revenue projections were not as dire as previously feared and the district closed the year with a stronger fund balance than the prior year.
"Most of those projections did not come out nearly as dismal as we anticipated," Heidi said, summarizing year‑end revenue and noting a combined fund‑balance position that kept…
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