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Treasurer reports steady finances, flags a high week of insurance claims; board ratifies bank agreement and approves salary schedule

Fairfield Union Local School District Board of Education · April 14, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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