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Superintendent flags possible $300K–$500K shortfall as board examines fund‑balance targets
Summary
The district presented March finances showing $27.1 million in general‑fund cash but warned state classroom funding may fall $300,000–$500,000 short due to enrollment declines; trustees pressed for assurance the current $530,000 projected deficit will not grow.
The district’s finance staff presented March financials showing a general‑fund cash balance of approximately $27.1 million. Administration told trustees local revenue is trending ahead of budget but cautioned that state classroom funding appears vulnerable: a projected shortfall of roughly $300,000 to $500,000 could materialize…
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