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CFO warns of ~$8.9 million projected deficit and flags transportation overages
Summary
CFO Mister Hernandez presented the district’s general-fund snapshot (year-to-date actuals ~$113.5M; encumbrances ~$69M) and repeated a projected general-fund deficit of about $8.9 million. He told the committee transportation was misbudgeted (budgeted $30M; projected $37–39M) and said route counts exceed contract assumptions.
Mister Hernandez, the district’s chief financial officer, told the Finance & Operations committee that the district’s general-fund financial snapshot as of Feb. 28, 2026 shows roughly $113.5 million in actuals and about $69 million in encumbrances, and that the district is carrying a projected general-fund deficit of about $8.9 million.
"None of the numbers that we’re seeing right now are providing us with enough data to believe that that projection will change drastically," Hernandez said,…
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