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Board reviews first interim financial report and adopts resolution identifying $1.06 million in reductions
Summary
Trustees heard a detailed first-interim financial report showing restricted fund carryovers and new grants that increased revenue but left the district projecting a $1.059 million multi‑year reduction; the board adopted the first interim report and approved Resolution No. 09‑25‑26 identifying required reductions for 2026–27.
The Fallbrook Union High School District Board of Trustees on Dec. 10 received a first‑interim financial report covering activity through Oct. 31 that showed restricted carryovers and new grants increasing overall revenue while the district continues to face declining enrollment and rising costs.
Finance staff (Speaker 15) told trustees the district recorded roughly $1,100,000 in increased restricted state revenue — largely carryovers and new grants — and about $92,899 of federal carryovers. A newly awarded student support professional development block grant of $431,600 was noted; the presenter said the district will phase that spending over multiple years. The presentation also detailed targeted increases in CTE and strong‑workforce grants and an approximately $60,376 reduction in LCFF sources compared with the adopted budget.
“The carryovers and new restricted grants explain most of the increase on the revenue side, but we still need to make multi‑year reductions to maintain a positive certification,” the finance presenter said, summarizing the multi‑year projection and adjustments.
The presenter explained the district contributes roughly $4.0 million annually from the general fund to cover special education shortfalls and described steps taken to reduce expenditures, including lowering classified and certificated salary lines and tightening contracts and supplies. The projection showed an ending unrestricted fund balance that supports filing a positive certification with the county, provided planned reductions are implemented.
Following questions from trustees, the board voted to adopt the first interim financial report. Trustees then approved Resolution No. 09‑25‑26, which formally identifies the amount of budget reductions needed in 2026–27 and documents the areas (salaries, benefits, contracts) targeted for reductions to protect the district’s fiscal certification.
The board’s action does not by itself specify which exact positions or contracts will be cut; the presenter said the reduction plan is spread across categories and that more specific adjustments will be reflected in subsequent budget documents and brought to the board for further action.
Next steps: the district will file the first interim report and the resolution with the county and return to the board with any updates at second and third interim reports as state budget information and enrollment figures are finalized.
