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Q&A — Finding #4

Question asked

Q65 (originally Q50): Do we have an official number yet for what, if anything, is in the fund balance?

District answer

The district confirmed a draft of the FY25 school financial reports existed and would be shared during a Monday night fund balance presentation. The question confirmed a fund balance exists but did not address why the $1.355M FY26 draw disappears in FY27 or its impact on taxes.

Analyst note

Q65 (originally Q50) confirmed the fund balance exists and a presentation was planned, but the core issue — that $1.355M of the tax increase is simply replacing disappearing revenue, not new spending — was never explained to voters. The brochure presents the $4.2M total spending increase but never explains that taxpayers are actually paying $4.45M more because they are also covering vanished revenue.

Related finding

#4 — $1.21 Million of the Tax Increase Is Disappearing Revenue, Not New Spending