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Treasurer reports steady finances, flags a high week of insurance claims; board ratifies bank agreement and approves salary schedule
Summary
Treasurer summarized March finances (roughly $25.7M year-to-date receipts; cash balance ~ $12.6M), noted a recent high insurance claims week (~$200,000), the board ratified a county-bank contract after legal review and approved a 3% across‑the‑board base salary increase for 2026'27.
The Fairfield Union Local School District treasurer presented the March financial summary and several routine actions during the board meeting.
The treasurer reported year-to-date receipts of about $25.7 million, roughly in line with last year, and said property-tax receipts are down about 1% while income taxes are up about 6%. Expenditures to date were roughly $20.6…
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