Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
NMUSD staff recommend "positive" second interim certification; trustees ask for reserve strategies
Summary
District finance staff presented the 2025–26 second interim showing modest revenue/expenditure changes, restricted funding adjustments and a stable reserve near 13%; staff warned a short‑term borrowing for cash flow may be needed and trustees asked for further reserve‑building strategies.
District Chief Financial Officer Jeff Dixon presented the 2025–26 second period interim report to the board on March 10, recommending a positive certification. The report showed revenues up roughly $3.5 million and expenditures up about $4.8 million compared with prior interim figures, largely driven by adjustments to restricted categorical funds.…
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
