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Budget projects $11.4 million General Fund deficit

Financial
Excerpt from Unaudited Actuals – September 15, 2026 for Budget projects $11.4 million General Fund deficit
Official source excerpt: Unaudited Actuals – September 15, 2026; editorial caption by Our School Board · source-evidence

What happened

The district’s 2025–26 unaudited General Fund closed with a $5.3 million deficit, and its 2026–27 budget projects an $11.4 million deficit. The budget projects a $12.9 million draw on the unrestricted fund balance, reducing it from $30.4 million to $17.5 million; the economic-uncertainty reserve is listed at $6.1 million.

Why it matters to families

The successive deficits and planned 42% decline in unrestricted fund balance signal significant districtwide budget pressure and reduce the district’s financial flexibility, although the budget still projects a positive unrestricted balance.

The evidence

The September 15, 2026 Unaudited Actuals Form 01 lists 2025–26 total General Fund revenues of $187,069,255.18, expenditures of $192,367,674.43, and a $5,298,419.25 net decrease. Its 2026–27 Budget column lists revenues of $190,954,125.05, expenditures of $202,394,880.27, and an $11,440,755.22 net decrease. The table shows unrestricted ending fund balances of $30,393,667.36 (2025–26 actual) and $17,537,868.81 (2026–27 budget), with a $6,071,846.41 reserve for economic uncertainties in the budget.

The source

Unaudited Actuals – September 15, 2026

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