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Tracy Joint Unified board certifies positive budget, accepts Measure O audit and approves several contracts
Summary
Trustees certified a "positive" second interim budget for 2025–26, accepted the independent Measure O audit, and approved a transportation plan, a modular building contract for Kimbell science wing and multiple job descriptions in a series of voice votes.
The Tracy Joint Unified School District governing board on March 24 certified a "positive" second interim budget, indicating the district can meet its financial obligations for the current and the next two fiscal years.
Laurie Nelson, the district's director of finance, presented the second interim report as of Jan. 31, detailing 2025–26 revenues of $202,800,000 and expenditures of $166,600,000, with an ending fund balance of $45,800,000. Nelson and budget analyst Tanya Calderon outlined projections for 2026–27 and 2027–28 and flagged state revenue volatility, declining enrollment and rising pension costs as ongoing risks.
After the presentation trustees moved and voted to certify the report by voice vote. The board also voted to accept the 2024–25 independent financial and performance audit for Measure O general obligation bonds; in the oversight committee’s presentation earlier, the committee concluded bond proceeds had been used only for authorized capital purposes.
In related action the board approved the 2025–26 transportation plan and authorized Milas as the modular building manufacturer for the planned two-story science wing at Kimbell High School. Trustees also approved revised job descriptions for expanded learning coordinator, program specialist and site lead, and a new job description for an educational behavior analyst. Those items passed on motions, seconds and voice votes.
Board members emphasized the district’s relatively stable financial position compared with some neighboring districts, while Nelson warned that state and federal funding shifts remain a risk and that projections do not yet account for any future salary settlements.
Next steps: the certification and accepted audits become part of the district’s official fiscal record for the year; contracted procurements and approved job descriptions will proceed according to staff timelines and existing procurement procedures.
