FY2025-26 Year-End Financial Report (Unaudited Actuals)
The official document
What the district published
This is the source material — exactly as released by RUSD. The plain English translation below is this site's version, written for community members who shouldn't need to know all the lingo to understand what they're legally entitled to as taxpayers, and how to access it.
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What this document actually says
This is the Reed Union School District's preliminary year-end financial report for the fiscal year ending June 30, 2026. It shows how much money the district actually received and spent compared to what was budgeted, before the official audit.
Key numbers:
- The district brought in $32.2 million in revenue (within 0.3% of budget)
- The district spent $32.69 million (about 1.3% under budget)
- The ending fund balance was $13.83 million, a decrease of about $493,000 from the start of the year
- Of that balance, $12.28 million is unrestricted and $1.54 million is restricted for specific uses
Property taxes and state funding (LCFF) remain the largest revenue source at 71% of total revenue. Salaries and benefits continue to make up about 82% of all spending. The report also breaks out spending on special education (about $4.08 million), Foundation-sponsored programs ($2.75 million in salaries and benefits, with the Foundation covering $1.75 million), and the Pre-K program (about $1.06 million). An independent auditor will review these numbers and any adjustments will be included in a future budget report.
What this means for your family
For families, this report shows that the district ended the year roughly on budget, with slightly lower spending than planned. About 82% of the budget goes to staff salaries and benefits, which directly supports teachers, aides, and support staff in classrooms and schools.
The report highlights that special education costs rose 16% in one year (from $3.52 million to $4.08 million), and the Foundation contributed $1.75 million to fund programs like music, art, PE, and library services. Without Foundation support, the district would need to cover those costs from its general fund or reduce those programs. The district maintains reserves totaling about 24% of its budget (about $7.84 million set aside by the board, plus another $980,784 required by law) to handle unexpected costs or revenue shortfalls.
Lina's read
Candidate perspective
I appreciate that this report breaks out how much the Foundation is contributing versus what the district itself funds, because families deserve to understand how dependent we are on private fundraising for programs like music and art. The 16% jump in special education costs in a single year is significant and reflects a real need, but it also underscores how quickly our budget can be squeezed when costs rise faster than revenue. I want to make sure we are planning ahead for these trends and having honest conversations about what we can sustain long term without relying so heavily on voluntary contributions that not every family can afford to make.
Summaries are AI-assisted and based on the original district document shown above. Nothing has been editorialized — interpretations are clearly labeled. This site is maintained by Lina Godfrey's campaign as a community resource.