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New business director explains fund‑balance designations as board approves allocations
Summary
The board approved the 2025–26 fund-balance designations after an overview from the new executive director of business services, who explained restricted, committed, assigned and unassigned categories and noted about 31% of the total fund balance is unassigned and available for unexpected needs.
Brandon Monson, the district’s recently hired executive director of business services, walked the board through the 2025–26 fund-balance designations and the rationale behind each classification.
Monson explained the five categories—non-spendable, restricted, committed, assigned and unassigned—and pointed to capital projects and levy-driven restricted increases tied to elementary construction as the main drivers of year-over-year changes. "What I can tell you is about 31% of the district's total fund balance is within the unassigned," he said, describing that unassigned share as the district's primary buffer for cash flow and unexpected costs.
He highlighted a restricted capital projects change (from $3.3M to $1.1M in one line and a levy-driven restricted increase to nearly $30M tied to elementary projects) and noted the district raised a commitment for cyber-security by roughly $300,000 to cover potential exposures outside insurance deductibles. Board members asked clarifying questions about cash-flow timing and constraints on restricted funds; Monson emphasized that many fund-balance dollars are legally or operationally dedicated and not available for general spending.
The board moved and approved the final committed, assigned and unassigned fund-balance designations as presented. Members thanked the business office staff for compiling the data and asked for the fund-balance primer to be included in public communications to aid taxpayer understanding.
