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Finance director: district projected to end year below policy at 6.2% fund balance
Summary
Director of Finance Pete Bejarano told the board the district is projected to end the year with a 6.2% ending fund balance, below the district policy target of 8%, prompting discussion of when a formal resolution would be required to operate under policy.
Pete Bejarano, the district's director of finance, told the board on April 2 that cash projections remain stable but the district is projected to finish the fiscal year with a 6.2% ending fund balance—below the district policy target of 8%.
Bejarano said the board should expect a future conversation about whether and when to adopt a formal resolution to operate below policy, and board members agreed to add the topic to a future agenda. The finance update followed the superintendent's comments that April and May are a critical period for budget development, and that staff are modeling reductions and community-engagement approaches for the 2026–27 budget.
Board members and staff emphasized steps to minimize harm to students and prioritized protecting essential classroom and special education services while the budget is developed.
No formal budget decisions were made on April 2; the updates were framed as part of the continuing budget-development process and will be revisited at upcoming budget committee meetings.
