Board adopts a budget that spends down reserves

What happened

The Board of Managers adopted a 2026-27 general fund budget of $904 million against projected revenue of $854.2 million, a $49.8 million gap covered by savings. District projections show the fund balance keeps shrinking every year, covering only about two months of operating costs by 2028-29, down from four months in 2024-25.

Why it matters to families

Spending more than the district collects, year after year, leaves a smaller cushion for emergencies and builds pressure to cut programs or staff later. The district's own budget slide warns that without changes, 'the district fund balance will continue to decrease.'

The evidence

The June 23, 2026 budget hearing presentation shows FY27 projected revenue of $854.2 million against expenditures of $904 million, and a table showing the general fund's unassigned balance falling from 33% of expenditures (4.0 months) in 2024-25 to a projected 18% (2.1 months) by 2028-29.

The source