First Interim Budget Report for Fiscal Year 2025-26
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 a budget degree to understand where their school dollars go.
Original PDF coming soon — check reedschools.org for the source document.
In plain English
What this document actually says
This is the first interim budget update for the 2025-26 school year, covering financial status as of October 31, 2025. The district is increasing budgeted revenue by 2% ($613,764) to $31.6 million and expenditures by 0.6% ($186,129) to $33.3 million. Key revenue sources include property taxes ($22.7M), parcel taxes ($2.7M), and Reed Schools Foundation contributions ($1.75M). Major expenses are teacher salaries ($13.7M), classified staff ($5.3M), and employee benefits ($7.6M). The district projects ending the year with $12.8 million in reserves (34.4% unrestricted reserve rate). The district recommends a "Positive Certification," confirming it can meet financial obligations for the current and next two years while maintaining required state reserves.
What this means for your family
This report shows the district remains financially stable with healthy reserves exceeding state requirements. Revenue from property and parcel taxes plus Foundation contributions supports teacher and staff salaries, benefits, instructional supplies, and programs. The positive certification means no budget cuts are anticipated and current staffing, programs, and services will continue as planned for your child's education.
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.