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District financial snapshots: net position positive, General Fund up $1.24M for fiscal year
Summary
The auditor's MD&A reported a district net position of $1,609,121 and a year‑to‑date increase in net position of $11.69M; the General Fund reported a $1,244,765 net increase and the packet included November receipts and disbursements listings.
Board members reviewed the district's November financial statements and the audit MD&A during the Dec. 8 meeting. The audit materials reported a net position of $1,609,121 as of June 30, 2025, and an increase in net position of $11,692,079 for the year; the General Fund recorded a $1,244,765 increase for the fiscal year. The packet included receipts and disbursements detail for November 2025 and fund summaries.
Board members commended the business office for improvements in reporting and transparency. Trustees asked follow‑up questions about the impact of any future bond on operating statements; district staff said bond proceeds are restricted to capital uses and would not be used for salaries or routine operating costs. The Board also reviewed the personnel report and several recommended appointments included in the packet.
