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Financial Reports

The California Education Code requires the Board to certify at least twice a year the District's ability to meet its financial obligations for the remainder of the fiscal year and, based on current forecasts, in the subsequent two fiscal years. The Education Code further requires that these certifications be based upon the Board's assessment made using the state-adopted Criteria and Standards. Such Criteria and Standards include comparisons and review of ADA, revenues and expenditures, reserves, fund balances, and multi-year commitments. Prior to Board action, a presentation highlighting changes in the current year's budget will be presented to the Board of Trustees. 
The report covers the period from July 1 through June 30 of each fiscal year.