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Board accepts first interim budget report showing positive certification for current year
Summary
Assistant Superintendent Grijalva presented the district’s first interim financial report for the 2025–26 fiscal year (covering July 1–Oct. 31); the presentation highlighted revenue, projected expenditures, reserve policy and the district’s consistent positive budget certification. The board approved the report 5–0.
Assistant Superintendent Grijalva presented the district’s 1st interim budget report, explaining the reporting period, the three certification outcomes (positive, qualified, negative), and district reserve policy. He said the district meets the state’s 3% minimum reserve and the board’s additional 7% reserve cap, and walked trustees through general fund revenue and expenditure figures used in the presentation.
"This is our 1st interim budget for the 25‑26 school year," Grijalva said, reviewing reporting periods and the required state‑level reserve certification framework. He noted sample charts shown in the presentation were illustrative and not district numbers. After trustees asked clarifying questions about the sample graphs and longer‑term projections, the board moved and approved the interim report by a 5–0 vote. The approval records the board’s formal acceptance of the report and directs staff to continue monitoring and reporting at the next interim period.
