Tumwater School District estimates 4.8M general fund balance

Tumwater School District anticipates a general fund balance of approximately $4. 8 million for the 2025-26 school year, facing a projected enrollment decline of 39 to 40 students. To maintain financial stability, the district plans to secure another interfund loan, which would increase the ending balance by $1. 4 million. Assistant Superintendent of Finance and Operations Ben Rarick highlighted the critical nature of the loan, stating that without it, the balance could plummet to $2.

2 million. The interfund loan would transfer cash from capital projects to the general fund, helping the district meet its cash obligations. The district previously filed for its first interfund loan in January, with repayment scheduled for August. Public budget hearings are set for July 30, August 6, August 13, and August 20, culminating in a potential adoption on August 28. The budget underwent a technical review by the Capital Region Educational Service District 113 on July 10.

Rarick's comments underscore the district's proactive approach to managing its finances amid fluctuating enrollment figures.