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District says it can meet obligations for roughly two years in 2nd interim report; trustees approve
Summary
Staff recommended and trustees approved the 2nd interim financial report for 2024–25, stating the district can meet its bills for the current period and roughly two additional years.
The superintendent presented the district's second interim financial report for the 2024–25 fiscal year as part of the standard budgeting cadence. "It's been determined that we can afford our bills this and about 2 years," the superintendent said, summarizing the report's bottom‑line projection. Staff thanked Assistant Superintendent Grajalba and Director Alvina Kaiser for their work and recommended board approval.
Trustee Olsen moved to approve the second interim report and Trustee Daniel seconded. The board carried the motion with 4 ayes and 1 absence. The approval records the district's current fiscal outlook and authorizes staff to continue implementing the budget assumptions reflected in the report.
