We want to share a brief update on how the district is doing financially and where enrollment stands as of January 2026.
Our Overall Financial Health
As of January, the district’s financial picture is stronger than it was at this time last year. While we have spent about $2.3 million more than we have received so far this year, that gap is much smaller than last January, when it was $13.3 million — an improvement of about $11 million. January is the first month this year where spending briefly exceeded incoming funds, which is normal and expected based on when revenues are received. Looking ahead, we remain on track to cover all planned expenses within the resources available to us this year.
Understanding the Fund Balance
At the end of January, the district’s fund balance was negative $3.0 million. While that number can sound concerning on its own, it actually represents an improvement compared to last year, when the balance was negative $4.9 million at the same point in time. It’s also important to know that a negative fund balance during the winter months is typical each year, since state funding and local levy dollars arrive later in the spring. As those revenues come in, we expect the fund balance to improve.
Cash on Hand
The district ended January with $23 million in available cash, which is enough to cover about 20 days of day‑to‑day operating costs. This includes a temporary loan from another district fund. For perspective, about 30 days of cash on hand would equal roughly $34 million. We continue to carefully monitor cash flow to make sure all obligations are met and operations run smoothly.
Enrollment Trends
January K–12 enrollment totaled 19,096 students, which is 86 more students than at this time last year. Enrollment has dipped slightly since reaching a high point in October, which is different from what we typically see in most years. Fewer students are leaving the district compared to last year, but we are also seeing fewer new students enrolling. We are closely watching these trends as the year continues.
In Closing
Overall, these financial and enrollment indicators show continued stabilization and thoughtful financial management. We remain well positioned to meet our commitments, support students and staff, and respond carefully to changing needs throughout the year. Thank you for your continued trust and partnership.
Dr. Heather Sánchez, Chief Operating Officer
Mr. Loren Tillman, Interim Chief Financial Officer