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School District Budget Updates
Financial Accountability and Oversight
Regional and state agencies routinely review and monitor the financial health of Shoreline and all WA State school districts.
December 10, 2024, School Board Presentations
Brief Review of November 12 Presentation: Financial Update and 2025-2026 Budget Planning
Assistant Superintendent of Business and Operations Angela Von Essen provided a review of the November 12 presentation to the Board: Financial Update and 2025-26 Budget Planning.
The presentation included a review of the estimated 2025-2026 financial deficit and the minimum Reduced Educational Program target of $6.5M, which District staff will work to achieve. The Board reviewed the draft guidance developed by Board Officers, President Emily Williams and Vice President Sara Betnel. This draft guidance was presented at the November 12 meeting and then reviewed by the three board members (including officers) in attendance at that meeting. The 2025-2026 Budget Timeline was also reviewed for ongoing Board reference.
School Board Directors affirmed the guidance as presented and discussed additional language, which will be incorporated and finalized by Board Officers.
2023-2024 Annual Financial Report (F-196)
Assistant Superintendent of Business and Operations Angela Von Essen provided an informational presentation that outlines the District’s 2023-24 financial statements, including:
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What is an Annual Financial Report?
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Due Dates and Timelines
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Importance of Annual Financial Reports?
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Summary of All Funds
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General Fund
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Capital Projects
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Debt Service
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Associated Student Body (ASB)
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Transportation Vehicle
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General Fund
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Revenue Comparison
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Expenditure Comparison by Program
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Expenditure Comparison by Activity
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Expenditure Comparison by Object
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Fund Balance Descriptions and Comparison
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Financial Accountability and Oversight
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Impact on 2024-25 Budget
Read "Our Path to Restoring Fiscal Stability,"Superintendent Reyes' message to the community on December 10.
Watch the December 11 Community Budget Meeting
Full Budget Information
Find more reports, information, board meeting recordings, and a full Budget FAQ at: ssd412.org/budget