Board reviews February disbursement report showing $11.75 million in monthly expenses and noted budget pressures

Finance staff presented the district’s disbursement report for February 2026 and answered board questions about capital projects and budget categories.

Mr. Chance reported payroll for February at $8,766,718.98 and operational disbursements at $2,985,806.19, for total monthly expense of $11,752,525.17. Year-to-date revenue was reported as $114,974,279, and the presenter noted the capital fund showed 121% of budgeted collections due to higher-than-expected surtax receipts and state-assessed revenues.

Mr. Chance highlighted cost increases in several areas: transportation costs were shown as rising from about $3.7 million to $10 million (a cited increase of roughly 167.7%); purchased services rose from $10.9 million to $20.9 million (about 91.8%); and classified/support payroll plus benefits rose from about $30 million to $43.5 million. He said some transportation and electric-bus purchases are offset by federal grants and by revenue from other districts for services such as homeless transportation.

Student representative Priyana and other board members asked whether funds in the 'other expense' line could be redirected to capital projects to address condition issues (bathrooms, water fountains, tiles). Mr. Chance said transfers are considered at year-end, that the district has capital budget availability, but that maintenance staffing shortages can delay projects; he agreed to meet with the student representative to walk through budget details.

The disbursement report was presented for board action during the meeting; the transcript records a subsequent board vote sequence indicating approval of the action called for at that time.