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Galt trustees adopt 2026–27 budget and designate $3.7 million in committed reserves
Summary
Board approved the 2026–27 adopted budget, designated $3.7 million of general fund as committed reserves to maintain a 9% board policy target, and confirmed Education Protection Act reporting; trustees cited projected multi‑year deficits driven by salary and benefit costs.
The Galt Joint Union Elementary School District board adopted the 2026–27 budget and passed a resolution designating committed fund balance to meet board policy reserve targets.
Chief business official Alejandra Garbe presented the adopted budget and financial outlook, thanking business‑office staff for preparing the materials. Garbe and staff explained that statutory and board policy reserve requirements led to designating $3.7 million as committed fund balance so the district can meet a 9% reserve goal; the 3% state‑required minimum remains in place and the additional 6% is being committed to meet policy targets. Garbe said the multi‑year projection shows an ongoing deficit through 2028–29 driven primarily by salary and benefit increases, and the committed reserves and a $1.4 million deficit‑mitigation plan are intended to sustain planning while the district monitors enrollment growth and other revenue assumptions.
Staff also presented the Education Protection Act (EPA) use of funds (teacher salary designations) and the district’s consolidated application for federal title programs; these routine items were approved by the board. Trustees approved the budget (item 242.730), the resolution designating committed funds (item 242.731), and the EPA/consolidated application items by roll call (each vote 4–0).
The board directed staff to continue long‑term fiscal planning and to report updates if enrollment or revenue assumptions change.
