Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
SRVUSD second‑interim report shows planned $14.8M drawdown; staff recommends 'positive' certification
Summary
District staff told the board the second‑interim budget reports combined revenues of about $470 million and combined expenditures of about $485 million, producing a planned $14.8 million deficit driven largely by restricted spend‑downs; the board approved the certification as recommended.
District finance staff presented the 2025–26 second‑interim report showing combined revenues of roughly $470 million and combined expenditures of about $485 million, leaving a planned combined deficit of approximately $14.8 million that staff described as intentional and funded largely through restricted grants and one‑time revenue.
Assistant Superintendent Danny Homan and Executive Director Evan Miller explained the major changes since the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
