Any questions regarding the parameters worksheet? >> Well, this is where we would would ask for a superintendent or take contract and get a sense of is that just generally in the ballpark because what we don't want to see happen is someone says, I love that. you love this person, but but they they want something that's unrealistic. And so we temper that. We say, "No, the board's looking at something in this grant." And so we don't have unrealistic expectations. So we're going to request super contract and then sometimes we'll talk to board president, vice president, could be a little subcommittee and say, "Are we just generally okay knowing that you're going to have flexibility to decide a range there?" Does that make sense to you? And it may be dependent upon whether or not this person is currently a sitting superintendent or an associate or deputy superintendent who's coming into the seat for the first time.
So note that uh when you look at the grid, you can see the federal is about the same year-over-year, but the local was only about $61 million in the prior year, and in the current year, it's about 69 million. So that's the biggest change reflective of that 46.8 versus 48.3%. So note that the state equalization, conversely, is a little bit less in the current year than it was um in the prior year. The biggest takeaway here is just a reminder that the the state revenues in particular are delayed due to that state aid delay um in funding that we roll over for Gilbert. We roll over about $38 million. We don't receive about $38 million by June 30. We receive the remaining the first week in July due to that state aid roll rollover. [clears throat] So um that's the big change for that. We always missps that goes back to like 2009 when the great recession and they have not re uh fixed that cut yet.
Like I said, it's a whole different scenario than probably what you'll hear um out there, but like I said, we're we like doing it. It's really working well for us and and we don't it's not like we got a great president who's who's not about quantity, it's about quality. So, we're only working with we don't go out and try to get to every board meeting in the state. We don't do that where this where we feel comfortable and we can do the job and do it well for you. That's where we're at. that's where we're going to be and we're not and and to the fact that we're we keep that personal personal relationship and building that relationship and trust so that we can be your partner for a long time and make your jobs easier. >> Thank you, Dennis. We appreciate it very much.
>> We'll also provide comps to say a district like this here the range is this and so we don't want you to overpay. That's not good for anybody. But we don't want you to get down here where we say we can't get the right candidates. And so there's a range for a super position for a district like ISUSA. We'll provide that to you and and I think I think we'll be in pretty good shape to make sure that it it match your needs and also needs of the candidates. >> And so we are at number 10 now. Any points, questions or clarification from the board?
>> Yep, that's right. That's exactly right. >> So, um again, this is just a different way to present it. Um you can see that the the local uh is is varied quite a bit. Uh that is what that's subject to when property tax collections come in. It's also subject to timing depending upon like some tax collections could come right at the end of the month in one year and at the beginning of another month in the next year which would would reflect that change. But again, this is a better look at that state equalization where in the current year we have $84.5 million out of an expected $184.3 million reflective of that state aid delayed payment. So always we share by source and then we always share by fund. So um note uh when you look at the revenue in unrestricted capital year-over-year you can see December 31st 2024 unrestricted capital was 17.3 million.
>> What do you have as a bonus folder? Because I was going to distribute cards. You know, I came in the last minute. So, one has 10 of those business cards. >> Bunch of business cards in one of the folders. I passed out. >> Oh, is that your >> Yeah, you win the prize. >> I have a box in my office like treasure box. You can pick something later. Okay, good. >> Here it is. >> Oh, don't worry about it. >> I love books too much. It's been a little distracting for me. You got the books and you got the puzzle. And I liked it because engaging person was No, TJ Max. >> How are you? >> Good. How are you? >> Good. >> Hey, how are you? >> Yeah. Just to kind of guide them, you may be asked some of the stuff we're going to cover in your presentation.
>> Colleagues, any questions? Well, what we would like to do now, and this was this is going to be prior to close session because we'd like to meet with the board uh separately in close session. But right now, what we are asking and Dr. Smith is going to be able to take this down is what you desire most, what qualities, characteristics, experiential background, you'll see that on the list there. Number 11. Um, we are going to ask you what some of the district's strengths and challenges are and then any other questions that you might have regarding the process or the procedures regarding all this. So, if I may, Madam President, would you like me to start with anybody in particular or with you? >> We could start with board president Rodriguez Pñena. >> Are we starting with the strengths or the challenges or >> Yeah, we're we're going to start with the characteristics.
In the current year it's 16.3 million. Both of those reflect 100% of the unrestricted capital expected for the entire year. Just a reminder that was part of the strategies we instituted about three years ago trying to maximize how much revenue goes into the unrestricted capital fund because we are able to earn interest in unrestricted capital and actually increase our budget capacity to spend those interest earnings. Um note that uh classroom site fund is um $15.5 million which does represent half of what is expected. We're expecting $31 million. Classroom site fund is based upon prior year average daily membership. So it's set by the uh joint legislative budget committee in the spring of the prior year which means that the revenue is there and it's very consistent and comes monthly. So you would expect to see that. And [snorts] then you can see maintenance and operations um versus versus other.
How are you? >> Thanks Jennifer. >> You don't have a storm working. >> Yeah. Thank you, sir. Appreciate it. >> Doing good. >> I didn't drive by, but >> I just drove back from Florida last night. >> I'm a little tired. >> What part of Florida? some place warm. >> Um, it was definitely warmer than here. It was Santa Rosa Beach, which is on the G Coast. >> I know exactly where it was. We vacationed there once. >> Yeah, my daughter and son-in-law >> um just moved down there. >> Oh, moved there. >> That's awful. >> They moved down there in uh December. So, she's actually pretty excited about it right now because it's warmer. Right. >> Right. So this is everybody. >> Pizza's here, guys. >> Oh, good. Where did that come in? >> Jeremy's office. Would you I should have asked. Do you want something?
Okay. We typically will say, "What do you desire most in the next superintendent?" You heard a little bit of that from the teachers association individual. Someone who's listened, someone who's transparent, has integrity, someone perhaps who's had experience with the same demographics of this particular school district, someone who's been an instruction leader, someone who understands the fiscal crisis, someone who understands declining enrollment. whatever comes into your mind about what you believe is going to be those characteristics that will um be specific to ISUSA >> and we ask these same questions of every single group and then from this is the position description okay so you're one of many groups the most important one I think really in many ways but you'll see everyone's and then we try to get that together in a in in a picture that reflects Dr. Zusa, >> I do have I do have a question and it's kind of off of back to where we were at if we had any other follow-up questions.
So that's the operating revenue by fund year-over-year um comparison. So before I move on to the expenditure comparison, are there any questions about the revenue? Okay, great. So again, the same the same conversation regarding classroom site fund um versus M versus other versus unrestricted capital. Um again the big notification here is about the uh the fact that in unrestricted capital we actually have 100% of the revenue. Note in December of 2025 on the right hand grid you can see that the revenue is actually greater than projected that's reflective of the interest earnings. Okay. So moving on to year-to- date expenditure comparison. So operating fund expenditures year-over-year comparison note that in the prior year expended encumbered 358.2 million compared to 332 million in the current year. So that is a change of what is that 18 about $26 million. So note the unrestricted capital change in particular.
>> If you want to grab pizzas and stuff, >> he has all kinds of soft drinks. If anybody wants a soft drink, there's We can ride Jeremy. >> Yeah. Oh, I got tea up there, too. >> Sweet tea. >> Zero sugar. >> Yeah. >> All right. So we are going to go ahead and start just kind of continue on. Our next group is site logic. Um so they um kind of came in on a cold call about two three weeks ago I guess it was >> and um was you know I told them I said you you picked a great time because we were in the process of interviewing and I was talking to different architects. Um, this group also has a computer program as well, um, as PSG, um, and, um, really good. And they actually came in and and, uh, walked through with Steve Roden, um, one of our areas and our a couple of our areas that really needed some updating and stuff.
Something that just popped up. Okay. >> So, I was wondering and maybe you have already stated this, but is because we have a copy of the timeline, right? And then you shared it here. Now, is this timeline going to be available to the community? >> Yes. Generally speaking, we will work with Mrs. near so that there's going to be a special bulletin on your website and it will be available on that as well including the timeline >> so that your public knows exactly what the next steps are andor the process. >> There'll be a little page superintendent search >> and then there'll be links timeline position description survey >> and should should there be any hiccups like let's say the timeline changes and it'll be updated. >> It would be or can be. We're suspecting though that we're going to maintain this particular timeline because we've heard agreements of course >> for confirmation of dates and times.
So in 2024 we spent $37.4 $4 million in unrestricted capital. Large portion of that was due to our um curriculum adoptions. So in 2025 that dropped by um a little bit over 17 million down to 20.7 million in 2025. Okay. And then salaries, the salaries dropping from 209.8 versus 203.7. That's reflective of the drop of students and the decrease in number of teacher FTE. Again, [clears throat] just a reminder, we have been able to match up our teacher FTE with our drop in enrollment without having to go through any reduction in force process. That's been natural attrition as our uh teaching staff is retiring and we're just replacing those teachers that we need to replace based upon the student population. And so based upon that, that's all I have.
And so, they've already kind of done some of that in-depth look with just a small um, fragment of our building really. Um, so um, kind of the same situation as we saw with PSG. they can work with um >> shows up for dinner. >> Uh but anyway, just so the community knows um they can do the same thing that they can if we have an architect that we want to use specifically, they can work with that individual and kind of be project manager and over oversee stuff. Once again, and you're going to see this with all these organizations, we have connections to school corporations, um, individuals that understand what I deal with and what we deal with going through the bonding process. And so, that's a commonality with all of these companies. Um, so, but the thing I like about it is that they they understand what we're dealing with and the decisions we have to make.
>> Okay. And that's going to be available in Spanish as well and Mandarin. >> Yes. >> Thank you. >> Yeah. Thank you for asking that. >> Yeah. In fact, Linda Harter, our executive assistant, has already met or spoken to Mrs. Near about some of those factors. And it's my understanding that tomorrow, Wednesday, there's going to be a a conference with Mrs. Harter and Mrs. Near as well. knowing Mrs. Harter. She's listening to this for me right now. >> She most likely is watching. Yeah, >> I'm sure it >> she happens to be have been the former executive assistant to the Fullerton Joint Union High School District. >> Okay, good. Well, I'm glad there's diligent folks with us. >> Well versed. >> Yeah. >> Thank you. I'm sorry. I'm board vice president Rodriguez Pñena. >> And what we're going to do, Mrs. Ben, if I may, uh, is we're going to concentrate just on those characteristics that you'd like to see in the next superintendent and then we'll circle back after we have every board member's uh, information and um, you okay with that?
If you have any questions, um, both, uh, Jackie, Jackie Matin and Amber Morgan are back there also, uh, available to help me as Amber Morgan and Jackie are the ones who actually prepare this report. So if that's any other questions, then that's that completes this report. >> Anybody else? We good? Awesome. Thank you very much. >> Okay, great. Thanks. >> Okay. I lost my spot. 6.04 monthly financial report for month ending January 31st, 2026. So yes, this is me as well. [laughter] So the big change here, this is that district operating fund grid that I was telling you about. So all these funds combined are what we're comparing year-over-year in that quarterly financial. Um, in this particular case though, this is year-to date January versus year-to- date December. So, normally we would present to you year-to date December along with the quarterly financial ending December.
So, so I'm going to turn it over to Site Logic today to let them kind of introduce themselves and and um, go ahead and get started. um our board president, he had a new meeting. This is our board attorney that's going to head out. So, it's kind of a revolving door situation, but um but anyway, and then as well, you guys have done work with Orleans, >> Poli and Pol. So, just kind of give you an idea that once again local areas. Um so, we really tried to look at some, you know, the companies that have worked close to us here, um that we actually can make some contacts with and go see things. So, >> all right. Well, Dr. Gen board, I I sincerely appreciate the opportunity to come speak with you. >> May want to move back over here. We have to record.
>> Yeah. Yeah, definitely. And then we'll get into strengths. What are we We'll circle back to Mrs. Pena. What are the strengths? We'll hear everybody then we'll hear what are some of the um, challenges. So, Mrs. Pena, I know that you've been through this before. >> Yes. >> Yeah. Well, um I I agree on the transparency is very important um to continue our transparency that we have and also um the characteristics is to continue to be great good union partners with our our union partners, our community that we have, you know, and with our city that um the person continues to keep that. >> Yes, ma'am. >> Right. um because we work very well together and also someone being bilingual. Um I'm reading through your sheet right here that you gave us. You know, strong communication skills, empathy and good listener, um um a consensus builder, um accountable, you know, it needs to make people accountable, including themselves and including the board of education.
So, we are a month later. Now, what's important about all these grids that I'm going to share is that we've added a proposed revision number two column which later we will be presenting to you a presentation on budget revision number two. But we wanted to make sure that as we're talking about our available balance going into next year that we're reflecting those available balances [clears throat] against the proposed revision number two. So you have a a better more clear picture of where we are from a financial status uh for the remainder of the school year. So note in maintenance and operations we are now at a $13.6 $6 million available balance associated with that budget revision. We'll go into more details about what what's represented in there. But that's very good news for us because much of that $13.6 million available balance is ongoing which will give us an opportunity to balance our budget and hopefully ek out a 2% pay increase going into the 2627 school year.