Fiscal Year 2024-25 Year-End Financial Report (Unaudited)
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 report presents Reed Union School District's unaudited financial results for the fiscal year ending June 30, 2025. The district had total revenue of $30.42 million and expenditures of $30.29 million, resulting in a positive carryforward of $131,419. The ending fund balance is $14.32 million, with $12.56 million unrestricted. Of unrestricted funds, $1.21 million (4%) is the state-required reserve, and $6.96 million (23%) is the board-committed reserve for economic uncertainties. Revenue came within 0.3% of estimates, and expenditures within 2.0%. The Foundation for Reed Schools contributed $1.75 million, $250,000 more than budgeted. An independent audit will be conducted next, with results presented in January 2026.
What this means for your family
The district ended the year in solid financial health with revenues slightly exceeding expenses. Strong reserves (27% total) provide financial stability for programs and staff. The extra $250,000 from the Foundation for Reed Schools helped support student programs. This financial stability means current educational programs and staffing levels can continue into the next school year.
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.