Consider SMMUSD’s own numbers. The district just released the unaudited financial report for 2025-26. In June, SMMUSD projected it would finish the fiscal year, which ended June 30, 2026, roughly $3.7 million in the red. Instead, it ran a $6 million surplus. Its unrestricted general fund balance came in about $9.85 million higher than expected, at a record $68.6 million. The district took in about $6.1 million more revenue than projected, including about $1.3 million more than expected from the Measure R parcel tax.

Read More: https://www.smdp.com/vote-no-on-measure-es-the-city-is-walking-away-from-its-commitment-to-our-schools/