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District finance staff present FY26 month-end balances, encumbrance plan and Perkins grant timing
Summary
Finance presenter Crystal Zachary delivered the final monthly financial update for FY26, reporting an available maintenance-and-operations balance of about $13.4 million, an unrestricted capital outlay balance shown near $32.5 million (expected to align with the approved $33.7M after encumbrances), and a Perkins grant that must be spent by September.
Crystal Zachary presented the district's final monthly financial presentation for fiscal year 2026 and reminded the board that figures are subject to year-end adjustments and a 60-day encumbrance period. She said the maintenance and operations available balance was ‘‘13,400,000'" and that the team expects the budget balance carryforward to be roughly $14,600,000 as approved in the FY27 budget.
