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San Ramon Valley Unified board certifies first interim as 'positive' while flagging $15.1M deficit driven by restricted one‑time spending
Summary
Assistant Superintendent Danny Hillman told trustees the district projects $461 million in combined revenues but expects $15.1 million in combined deficit spending largely on restricted, one‑time funds; the board voted unanimously to self‑certify the 2025–26 First Interim Report as "positive."
The San Ramon Valley Unified School District board voted unanimously to self‑certify its 2025–26 First Interim financial report as "positive," a designation staff said means the district can meet its financial obligations this year and for the next two years.
Assistant Superintendent of Business Services Danny Hillman delivered the report, telling trustees the district projects approximately $461 million in combined revenues and a combined deficit spend of about $15.1 million. He said most of the deficit — roughly $14.7 million — is on the restricted side of the budget, meaning it represents one‑time funds carried forward…
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