Oversight
Executive Rollup
Consolidated financial position — operating, capital, debt, grants, and compliance — for Daniel Mercer & the Board.
Total funding authorized
$102.27M
9 sources
Debt drawn
$32.80M
bonds $23.50M · LOC $9.30M
Available liquidity
$50.74M
bond funds + LOC headroom
Operating committed
$1.96M
61% of $3.20M
Enrollment & per-pupil revenue
Funding capacity by source
$102,270,000Bond Fund$67M
Line of Credit$25M
State Allocation$4.20M
Operating Fund$3.20M
Capital Fund$1.80M
Grant$650K
Federal Fund$420K
Capital & debt
Line of credit
Credit limit$25,000,000
Drawn$9,300,000
Available$15,700,000
37%
⚠ $3,550,000 stranded · ~$261K/yr carry
Capital renewal
Replacement value$100.49M
Facility Condition Index0.099
Reserve funded47%
47%
FCI Fair · $3.85M/yr reserve need
Operating, grants & compliance
Operating budget
Adopted BOY$3,200,000
Current (amended)$3,200,000
Committed$1,960,000
Available$1,240,000
61% committed
Insurance & risk
Total insured value$156.40M
Annual premium$2.27M
Policies expiring ≤60d2
9 of 11 in force
2 renewals due ≤ 60 days
Debt service & obligations
Annual fixed obligations
$9.17M
debt service + rent + LOC carry
Coverage & enrollment risk
Attention & governance
Next Board meeting
Aug 11, 2026
Regular · LRA Oakmont — Board Room · in 22d
Agenda due Aug 4, 20266 items to finalize