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Niskayuna projects small fiscal-year deficit; unassigned fund balance near 4% cap
NISKAYUNA CENTRAL SCHOOL DISTRICT Audit & Finance Committee · January 31, 2026
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Summary
District projection shows a $326,000 gap between projected expenditures ($115.3M) and revenues ($113.7M) for FY25–26, leaving unassigned reserves at about 3.72% (just under the 4% state maximum). Staff said projections will be refined in February.
Sean (district finance staff) presented fund‑balance projections for the 2025–26 fiscal year on Jan. 30. He reported a total beginning fund balance of $21,186,000, with restricted reserves of $13,900,000 and a combined assigned and unassigned balance of $7,200,000 (assigned $2,600,000;…
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