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Finance committee review shows reserves falling from $14.4M to $10.9M over five years
Summary
Dr. Teri Shaw presented five-year operating-fund projections showing projected fund balances declining from $14,441,563 in FY2026 to $10,883,646 in FY2030, with aggregate revenues and expenses also projected across FY2026–FY2030.
At the March 10 Finance Committee meeting, Dr. Teri Shaw presented the district's five-year projections for operating funds (Funds 10, 20, 40, 50, 70 and 80). The minutes list projected fund balances of $14,441,563 for FY2026; $13,654,293 for FY2027; $12,790,622 for FY2028; $11,787,673 for FY2029; and $10,883,646 for FY2030.
The minutes also record aggregate revenue projections rising from $25,928,466 in FY2026 to $28,551,081 in FY2030 and aggregate expense projections beginning at $26,490,173 in FY2026 and increasing in later years. The presentation was recorded as an overview by Dr. Shaw; the minutes do not record a formal decision tied to these projections but list them for committee review and planning.
