FY2027 review projects a $4.48 million deficit

What happened

A financial review included in the September 23 board packet projected a roughly $4.48 million FY2027 year-end deficit, despite the adopted budget’s balanced projection. As of August 19, it also identified $4.28 million in unbudgeted encumbrances, $2.53 million in over-budget encumbrances and $8.60 million in additional highly likely costs; the estimate was preliminary and assumed no further unanticipated expenses.

Why it matters to families

The projection signals a significant districtwide budget risk and a need to reconcile commitments and update forecasts; the packet says transportation and Food & Nutrition budgets were still incomplete and the FY2026 year-end position remained unresolved. The reported figures were a point-in-time estimate, not a final deficit determination.

The evidence

The September 23 agenda packet’s financial-history memorandum says the August 19 review identified approximately $4.28 million in unbudgeted encumbered expenditures, $2.53 million in expenditures encumbered over budget and $8.60 million in highly likely additional expenses, and projected an approximately $4.48 million FY2027 year-end deficit if no additional unanticipated expenditures occurred. It describes the projection as preliminary and notes unresolved FY2026 year-end results and incomplete transportation and Food & Nutrition budgets.

The source