District finance staff reviewed the December 2025 financial statements and legislative concerns and the board approved the statements by voice vote at the Feb. 2 meeting.
The finance presenter (identified in discussion as "Jeff") said operating revenues for December increased substantially from November, driven by the arrival of significant local tax revenue. He reported approximately $16.5 million in local revenues for the month and said current tax revenue contributed more than $15 million to that figure. The presenter said the district has received its sixth Prop C payment for FY26 (about $641,000) and reported federal revenue items and a $92,000 federal payment noted in the packets.
Staff described a prior-year correction totaling about $85,000 tied to state attendance (ADA) denominator calculations; they also flagged that Classroom Trust funding is volatile and that state-level distribution delays (at least in December) were tied to new county software and slower distributions. The presenter said the district is monitoring a range of proposed state tax and property-tax reforms that could reshape revenue streams and urged vigilance.
After a period of questions about state proposals and timing, the board voted to approve the December 2025 financial statements by voice vote; the meeting record shows 'Aye' and that the motion passed, without a roll-call tally recorded in the public minutes.
Staff indicated they will continue monitoring revenue flows and report back on January figures at the next meeting.