Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Finance topic
No spam. Unsubscribe anytime.
Seaside SD 10 reviews budget-reduction update; board discusses $3.2 million reserve
Summary
Business Manager Toni Vandershule and Superintendent Susan Penrod presented a budget-reduction update; board members discussed use of a $3.2 million reserve and the district’s plan to spend now and seek reimbursements that may not be guaranteed.
Seaside School District 10 received a budget-reduction update on March 17 as part of its fiscal-services report. Business Manager Toni Vandershule explained the district’s current stance on the reserve set aside this year for funding uncertainty: the district is drawing on $3.2 million reserved for potential shortfalls and will seek reimbursements to restore those funds.
"We are spending and will back fill with reimbursements, which may or may not come," Vandershule explained during the meeting. Board members, led by Jason Haag, pressed for clearer report formats and asked for options to make financial reports more accessible to board members. Vandershule said she would prepare report options after receiving specifics from Haag.
The update included attachments titled "Budget Reduction Update, 3_17_26" and line-item reports for February revenue and expenditures. Members discussed the uncertainty surrounding reimbursements and the timing of potential backfill, but no formal budget amendment was adopted at the meeting.
