To: Asha Riley, Superintendent
From: Stacy Brown, Director of Business Services
Date: August 21, 2026
Subject: July Financial Update
2026–2027 Budget Update
We will be approving the 26-27 budget at the meeting. I included the presentation from the workshop, the final F-195 full document, F-195 summary document, resolution, and F195F 4-Year Budget Plan. In working on the four-year budget plan, I tried to be realistic, but only had the fund balance up to about 6% by year three. There will be decisions to be made in the next few years to get to the 8% recommended fund balance. As a reminder, the 4-year budget is a requirement and is only an estimate with making assumptions with lots of unknowns. Please let me know if you have any questions.
I also included the 25-26 Budget to 26-27 Budget Detailed Revenues and the 25-26 to 26-27 Detailed Expenditures by Activity that show dollar and percentage changes from year to year, along with explanations for the differences.
July Financial Reports
I attached the Budget Status Reports for all funds for the month of July. Please let me know if you have any questions.
As always, please let me know if you have any questions.