ourschoolboard.org

District news

Reserves sit below the Board's own minimum in every projected year

Financial
Editorial graphic for Reserves sit below the Board's own minimum in…
Editorial caption by Our School Board; base: Ludwig Sebastian Micheler · by-sa

What happened

Board policy sets a reserve minimum of 25% and a target of 30%. The adopted budget projects 21.05% this year, then 21.39%, 21.25% and 22.76% — never reaching the Board's own floor. The state's 3% minimum is met comfortably.

Why it matters to families

Reserves cover payroll between property tax instalments and absorb surprises. The district's own benchmark table puts the average for community-funded elementary districts at 31.48%, about ten points above where Mill Valley sits.

The evidence

The adopted budget states the Board approved reserve target is a minimum of 25% and a maximum of 35% with a target of 30%, and projects 21.05% for 2025-26.

The source

2026-27 Budget Adoption — Jun 18, 2026

Share this story

Help your community stay informed about the decisions that affect your schools.

Get alerts like this for Mill Valley School District

We read every agenda, packet, and set of minutes, and write up the decisions that affect families — each one linked to the document it came from, the moment it's public.

Get personalized alerts