District projects slight structural deficit through multi‑year outlook; Jackson Elementary construction underway
The district presented September and October financials and a four‑year outlook showing projected revenues of $430.2M, expenditures of $435.2M, a projected fund balance of about 7.3% and remaining construction costs for Jackson Elementary; presenters said projections assume renewal of the 2026 educational levy.
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At the Dec. 9 meeting the district’s finance presenter reviewed the September and October financial reports and an updated four‑year fiscal outlook. Key figures cited included projected revenues of $430,200,000 and projected expenditures of $435,200,000 for the current year, producing a projected fund balance slightly above the board’s budgeted target at about 7.3% of total expenditures.
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