Consider/Approve Commitment of Fund Balance as Required by GASB 54 Presenter: Larry Guerra Description: Academic Success/Instruction Background: The Governmental Accounting Standards Board ("GASB") has adopted statement 54, a standard for governmental fund balance reporting. Per the district’s external auditor’s fiscal year 2024 management letter and recommendation, the district is to designate a

Staff Report & Agenda Item Details

6.F. Consider/Approve Commitment of Fund Balance as Required by GASB 54 Presenter: Larry Guerra Description: Academic Success/Instruction Background: The Governmental Accounting Standards Board ("GASB") has adopted statement 54, a standard for governmental fund balance reporting. Per the district’s external auditor’s fiscal year 2024 management letter and recommendation, the district is to designate a committed fund balance for the following fund numbers: Fund 461 & 865 (Campus and Student Activity Funds), Fund 481 (School Aged Child Care and Community Education), and Fund 484 (Airtime Royalty Agreement). Per GASB Statement 54, this must be presented and accepted by the Board of Trustees. Recommendation : It is the recommendation of the Superintendent that the Board of Trustees approve the fund balance commitments as presented. Attachments: ( 1 ) Action Sheet - September 17, 2026 - Commitment of Fund Balance 9/9/2026 at 1:23 PM

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 4.7/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.