Data sourced from the 2025-26 Second Interim Financial Report (March 2026), adopted LCAP, SPSAs, and official San Mateo County ballot records. This is an independent community resource, not an official district publication.
2026-27 Proposed Budget

2026–27 Proposed Budget

Public hearing: June 17, 2026 · Adoption scheduled: June 24, 2026

$150.3MRevenues
$151.3MExpenditures
$4.79MReserve above 3% min.

Documents: Budget Book · Multi-Year Projection · Statement of Reasons for Excess Reserves · 2026-27 LCAP

Proposed figures — not yet adopted. The rest of this page reflects the adopted 2025-26 Second Interim and will be refreshed once the Board adopts the 2026-27 budget.

01

Budget Overview

The Redwood City School District (RCSD) serves approximately 6,310 students in grades TK-8 across 12 schools. The district operates on a General Fund budget of $159.8 million in expenditures for the 2025-26 school year.

Community-Funded (Basic Aid) Status

RCSD is one of roughly 100 "community-funded" (formerly "Basic Aid") districts in California. This means local property tax revenue exceeds what the state would otherwise provide through the Local Control Funding Formula (LCFF). The district keeps all of its local property tax revenue rather than receiving a state check.

What does Basic Aid mean in practice? RCSD's funding rises and falls with local property values, not with state budget decisions. When property values grow, so does district revenue. But unlike state-funded districts, RCSD does not receive automatic cost-of-living adjustments from Sacramento. RCSD still has an LCFF Supplemental and Concentration entitlement of approximately $10.2M based on its 60.3% unduplicated pupils (low-income, English Learner, foster, and homeless students), but in a community-funded district that entitlement is funded from the district's own property tax revenue rather than as a separate state check. Its main effect is to set the LCAP minimum-proportionality spending floor for those students.

Budget at a Glance

Metric2025-26
Total Revenue$158.1M
Total Expenditures$159.8M
Operating Deficit($1.7M)
Beginning Fund Balance$17.1M
Ending Fund Balance$15.4M
Reserve (3% min. + undesignated)$5.6M (3.51%)
Per-Pupil Spending~$25,330
District Enrollment6,310
Average Daily Attendance94.70%

Source: 2025-26 Second Interim Financial Report, approved March 25, 2026.

What This Page Covers (And What It Doesn't)

The numbers above describe Fund 01, the General Fund — RCSD's main operating fund and the source for teacher salaries, instructional programs, and day-to-day operations. The General Fund is the right lens for "what's the district's budget?" because it's by far the largest fund and drives most policy decisions. But the district also operates a few separately-accounted funds that don't appear in the $159.8M figure:

Other smaller funds (debt service, special reserves, etc.) exist but are non-material to district operations. Unless otherwise noted, the rest of this page describes Fund 01.

02

Where the Money Comes From

RCSD's $158.1 million in General Fund revenue comes from a mix of local property taxes, state grants, federal funds, and transfers. Because RCSD is a community-funded district, local property taxes form the single largest source.

Revenue SourceAmount% of TotalVisual
LCFF Base (Property Taxes)$87,127,12055.1%
LCFF Ed. Protection Acct.$1,198,2200.8%
LCFF Supplemental & Concentration$10,106,6856.4%
Special Ed Property Taxes$5,548,1803.5%
Other State Revenues$18,287,03911.6%
Lottery$1,585,8151.0%
Federal Revenues$4,808,6473.0%
Local Revenues$16,850,82010.7%
Measure U Parcel Tax$1,621,9221.0%
Transfers - RDA$11,000,0007.0%
Total Revenue$158,134,448100%

Source: 2025-26 Second Interim, General Fund Sources of Revenue (presentation, slide 6).

Property Taxes — The Foundation

Local property taxes (the LCFF Base plus Special Education property taxes) total approximately $92.7 million, or 59% of all General Fund revenue. San Mateo County collects property taxes and distributes the district's share. Because RCSD is community-funded, it keeps all allocated property tax revenue rather than returning a portion to the state.

The district assumes 5% annual property tax growth in its multi-year projections. However, as the district notes, "the vast majority of homes in the RCSD attendance zone were purchased when property values were much lower," meaning assessed values (and thus tax revenue) may be lower than neighboring districts with higher turnover.

LCFF Supplemental & Concentration Entitlement

The $10.2 million on the revenue table for "LCFF Supplemental & Concentration" is the entitlement amount calculated by the LCFF formula based on the 60.3% of RCSD's students who are unduplicated pupils (qualifying as low-income, English Learner, foster youth, or homeless). For state-funded districts this would arrive as separate state cash; for a community-funded district like RCSD the entitlement is funded from the district's own property tax revenue and is reported on this line for accounting purposes. The amount still has real consequences: it sets the LCAP minimum-proportionality spending floor, meaning the district must show at least this much being directed toward increased or improved services for unduplicated pupils.

Federal Funds

Federal revenues ($4.8 million, 3% of budget) include Title I grants for high-poverty schools, Title III for English Learner programs, and IDEA funding for special education. Seven of the district's 12 schools receive Title I funding. Federal funds are "restricted," meaning they must be spent on specific federally mandated purposes.

RDA Transfers

The $11 million in Redevelopment Agency (RDA) transfers represents 7% of total revenue. These are pass-through payments from the former city redevelopment agency. This funding source is temporary and is expected to phase out entirely in future years, creating a significant revenue cliff.

What are restricted vs. unrestricted funds? "Restricted" funds come with legal strings attached: federal Title I money must serve low-income students, bond money can only pay for facilities, and Measure U funds can only support the programs voters approved. "Unrestricted" funds (primarily property taxes) can be used for any lawful purpose. Of the $15.4M ending fund balance, $8.8M is restricted, leaving a modest unrestricted cushion.

03

School Bonds — Measures T & S

RCSD voters have approved two general obligation (GO) bond measures totaling $491 million to modernize school facilities. Bond funds are legally restricted to capital projects and cannot be used for salaries, pensions, or operating expenses.

How School Bonds Work

A general obligation bond is essentially a loan from investors that the district repays over time using property tax revenue. Voters must approve bonds by a 55% supermajority. The state constitution limits the tax rate to $30 per $100,000 of assessed value for elementary districts ($60 for unified). Bond money goes into a separate Building Fund (Fund 21) — completely separate from the General Fund that pays for teachers and programs.

Bond money CAN pay for: New construction, renovations, HVAC systems, electrical upgrades, safety improvements, technology infrastructure, furniture, and equipment permanently affixed to buildings.

Bond money CANNOT pay for: Teacher or administrator salaries, pensions, benefits, textbooks, professional development, or any ongoing operating costs.

Measure T (Phase I) — Passed November 2015

DetailMeasure T
Amount$193 million
Voter Approval63.5% Yes
Tax Rate$30 per $100K assessed value
Max. Repayment Period40 years
Election DateNovember 3, 2015

Measure T funded Phase I of the district's Facilities Master Plan, addressing the most urgent needs at aging campuses. Projects included classroom renovations, roof repairs, fire and earthquake safety upgrades, technology infrastructure, and modernized learning spaces. Completed projects include major modernizations at Hoover, Taft, Clifford, Roosevelt, Garfield, and Adelante Selby, among others.

Source: Ballotpedia: Measure T (2015).

Measure S (Phase II) — Passed November 2022

DetailMeasure S
Amount$298 million
Voter Approval60.4% Yes
Tax Rate$24 per $100K assessed value
Annual Revenue (est.)~$16 million/year
Election DateNovember 8, 2022

Measure S continues the modernization work that Measure T began. The district identified approximately $400 million in remaining facility needs. Projects include upgrading STEAM classrooms and labs, providing dedicated music and art spaces, modernizing HVAC and air filtration, and bringing all schools to the same safety and learning standards. Active projects include work at McKinley MIT, Henry Ford, Orion, and Garfield.

Source: Ballotpedia: Measure S (2022).

Building Fund (Fund 21) Status

As of the 2025-26 Second Interim (March 2026), the Building Fund/Bond Fund held a balance of $46.8 million, reflecting active construction and modernization work funded by Measures T and S.

Citizens' Bond Oversight Committee

California law requires an independent Citizens' Bond Oversight Committee (CBOC) to review bond spending and publish annual reports. RCSD's CBOC has nine members representing senior citizens, parents, taxpayers, and community members. The committee meets quarterly at the District Office and publishes annual reports for both Measure T and Measure S. Meeting agendas and minutes are available on the district website.

04

Parcel Tax — Measure U & Measure C (2026)

How Parcel Taxes Work

A parcel tax is a flat or formula-based tax levied on each parcel of land within a district, regardless of the property's assessed value. Unlike bonds, parcel tax revenue goes into the General Fund and can be used for operations such as teacher salaries and programs. Parcel taxes require a two-thirds supermajority to pass, a higher bar than the 55% needed for bonds.

Current Measure U (2016)

DetailMeasure U
Amount$85 per parcel per year
Annual Revenue~$1.6M (budgeted $1.62M)
Voter Approval79.8% Yes
Duration14 years (July 2017 – June 2030)
Election DateNovember 8, 2016
PredecessorRenewed a $67/parcel tax from 2012

Measure U funds enhance math, science, reading, and writing instruction; attract and retain qualified teachers; support arts and music programs; and update classroom technology. The tax explicitly prohibits spending on administrative salaries. An independent Citizens' Oversight Committee monitors fund use.

Exemptions: Seniors age 65+, individuals receiving Supplemental Security Income for disability, and those receiving Social Security Disability Insurance with income below 250% of federal poverty guidelines may apply for exemption.

Measure C — June 2026 Parcel Tax (Just Short; Count Ongoing)

Measure C is just short of passing as San Mateo County continues to count. In the county's June 10, 2026 results release, Measure C stood at 63.84% Yes (11,913 votes for to 6,748 against) — about 2.8 points under the two-thirds (66.67%) supermajority a parcel tax requires. Ballots are still being tabulated, so totals are not final. The RCSD Board placed the measure on the ballot at a February 26, 2026 special meeting; it would be in addition to Measure U, which runs through 2030.

DetailMeasure C (2026)
Tax Rate17.5 cents per square foot of building space
Vacant/Unimproved Parcels$25/year flat rate
Expected Revenue$12.2 million/year
Duration8 years (July 2026 – June 2034)
Vote RequiredTwo-thirds (66.67%)
Election DateJune 2, 2026
Result (count ongoing)63.84% Yes (11,913–6,748) — ~2.8 pts under two-thirds

Measure C would have raised approximately $12.2 million per year for eight years — about $175 a year for a 1,000-square-foot home, with exemptions for seniors and people receiving federal disability support. The district had earmarked the revenue to attract and retain teachers, counselors, and staff; protect science, math, and STEM instruction; preserve reading and writing programs; and keep class sizes manageable.

What the Result Means for the Budget

Measure C revenue was not built into the district's three-year budget projection. The board had already adopted a $6.04 million Fiscal Stabilization Plan on February 4, 2026, and the 2025-26 Second Interim multi-year projection balances without any parcel-tax money — it carries no unidentified cuts and keeps reserves above the 3% legal minimum in all three years (see the Multi-Year Fiscal Outlook). In other words, the outcome at the ballot box does not trigger new cuts; rather, if Measure C does not pass, the roughly $12.2M it would have added each year is revenue the district will not have to restore programs and staffing trimmed in the stabilization plan, or to offset the looming RDA-transfer cliff. The existing Measure U ($1.6M/year) continues through 2030 regardless of the June 2026 outcome.

Community Resources

Source: San Mateo County Registration & Elections, official results as of the June 10, 2026 release (63.84% Yes, 11,913–6,748). Earlier election-night coverage: Redwood City Pulse, June 3, 2026. Vote totals are unofficial pending the county's final canvass.

05

Where the Money Goes

RCSD's $159.8 million in General Fund expenditures is dominated by personnel costs: salaries and benefits account for 76.4% of all spending. This is typical for school districts, where the primary "product" is instruction delivered by people.

Expenditure Breakdown

CategoryAmount% of TotalVisual
Certificated Salaries (teachers, admin)$53,745,48733.6%
Classified Salaries (support staff)$28,741,03018.0%
Employee Benefits$39,578,28324.8%
Services & Operating Expenses$31,271,35819.6%
Books & Supplies$5,772,6323.6%
Capital Outlay$921,7670.6%
Total Expenditures$159,841,595100%

Source: 2025-26 Second Interim, General Fund Expenditures (presentation, slides 7-8). Category rows exclude a small net other-outgo/indirect-cost credit.

Benefits: The Hidden Cost Driver

Employee benefits ($39.6M) represent about a quarter of all spending and include CalSTRS pension contributions (19.10% employer rate), CalPERS pension contributions (26.81%), health and welfare benefits, and other statutory benefits. Both CalSTRS and CalPERS rates are projected to keep rising through 2027-28 (CalPERS to 26.90%).

Services & Operating Expenses

The $31.3 million in services and operations includes contracted services, professional and operating expenses, and insurance. This category covers everything from special education service providers to utilities, transportation, legal fees, and technology contracts.

LCAP Spending Breakdown

The district's Local Control and Accountability Plan (LCAP) allocates $65.9 million of the total budget across three goals:

LCAP GoalAmountFocus
Goal 3: Academics$57.3MInstruction, curriculum, credentialed teachers, CAASPP improvement
Goal 1: Engagement$7.5MAttendance, school climate, family engagement, suspensions
Goal 2: EL Programs$3.2MEnglish Learner progress, reclassification, LTEL reduction
Total LCAP$65.9M

Source: 2025-26 Adopted LCAP.

06

Multi-Year Fiscal Outlook

At the 2025-26 Second Interim (March 2026), the district's multi-year projection has turned a corner. After the board adopted a $6.04 million Fiscal Stabilization Plan on February 4, 2026, the three-year outlook no longer carries any unidentified cuts: the reductions are fully identified and baked in, the fund balance grows rather than shrinks in both projection years, and the reserve climbs from 3.51% to 5.81% — comfortably above the 3% legal minimum throughout. On that basis the district filed a Positive Certification, certifying it can meet its financial obligations for 2025-26 and the two subsequent years.

Three-Year Projection

2025-262026-272027-28
Total Revenues$158.1M$154.2M$161.1M
Total Expenditures$159.8M$153.5M$154.4M
Identified Stabilization (in expenditures)($6.04M)($6.11M)
Net Change in Fund Balance($1.7M)+$0.6M+$6.7M
Beginning Balance$17.1M$15.4M$16.0M
Ending Balance$15.4M$16.0M$22.7M
Reserve %3.51%3.74%5.81%

The "Identified Stabilization" line is the board-approved Fiscal Stabilization Plan (Feb. 4, 2026), shown as a reduction to expenditures. Source: 2025-26 Second Interim Multi-Year Projection (March 25, 2026), p. 1.

The drawdown has been arrested. A year ago the fund balance was sliding toward the 3% reserve floor with millions in cuts still unidentified. With the stabilization plan in place, the Second Interim projects the ending balance growing from $15.4M to $22.7M by 2027-28 and the reserve rising to 5.81%. The structural pressures below are real, but the district now has a credible, fully-identified path to balance — it does not depend on the June 2026 parcel tax (Measure C), which is running just short of the two-thirds bar as the count continues.

Fiscal Stabilization Plan

On February 4, 2026, the board adopted a $6.04 million Fiscal Stabilization Plan ($6.11M ongoing) that eliminates 31.75 FTE positions. These are the reductions now reflected in the three-year projection above. Key elements include:

Sources: Redwood City Pulse, Feb. 5, 2026; Approved Fiscal Stabilization Plan (Feb. 4, 2026), Second Interim board packet.

Structural Deficit Drivers

Declining Enrollment

Enrollment continues to decline — from 6,310 in 2025-26 to a projected 6,212 by 2027-28 (the Second Interim assumes a gentler slide than earlier projections). Each lost student represents roughly $15,000-$16,000 in LCFF-equivalent funding. Fixed costs (facilities, administration, transportation) do not decline proportionally.

Rising Personnel Costs

Salary step-and-column increases (1.5% annually), growing pension contribution rates (CalPERS rising to 26.90%), and health benefit inflation drive expenditures upward even as enrollment falls. Salaries and benefits consume about 76% of the budget.

RDA Transfer Cliff

The $11 million in Redevelopment Agency transfers drops to zero in 2026-27 and beyond in the multi-year projection. This single revenue loss represents 7% of the entire General Fund budget and is the primary driver of the 2026-27 revenue decline.

One-Time Funds Expiring

Federal pandemic-era funds (ESSER) and other one-time grants that supported positions and programs have been fully spent. Positions funded by these one-time sources must now be absorbed by the General Fund or eliminated.

Key Budget Assumptions

Assumption2025-262026-272027-28
District Enrollment6,3106,2396,212
LCFF COLA2.30%2.41%3.06%
CalSTRS Rate19.10%19.10%19.10%
CalPERS Rate26.81%26.40%26.90%
Property Tax Growth5.00%5.00%5.00%
Step & Column1.50%1.50%1.50%

Source: 2025-26 Second Interim Budget Assumptions (presentation, slide 4).

07

School-Level Funding (SPSA Budgets)

Each school's Single Plan for Student Achievement (SPSA) budget captures supplemental site-level spending, including enrichment, counseling, professional development, and materials. These budgets do not include base operating costs like teacher salaries and facilities, which come from the General Fund.

SchoolTotal SPSAPer PupilTitle IDistrictPTO/PTAMeasure UProp 28
Orion$1,062K$1,934$150K$721K$131K$59K
Adelante Selby$854K$1,356$73K$383K$165K$147K$86K
McKinley MIT$795K$1,982$27K$616K$75K$77K
Hoover$734K$1,114$128K$307K$183K$116K
Roy Cloud$695K$1,046$292K$215K$117K$71K
Henry Ford$681K$1,476$61K$324K$75K$147K$75K
Clifford$665K$1,001$73K$129K$196K$173K$93K
North Star$564K$1,020$44K$326K$135K$59K
Kennedy$563K$714$76K$159K$20K$192K$117K
Roosevelt$410K$1,192$55K$158K$109K$88K
Garfield$243K$936$55K$19K$79K$90K
Taft$238K$733$69K$97K$72K

Source: 2025-26 School Plans for Student Achievement (SPSAs). Budget data extracted from SPSA Budget Summary pages.

Understanding the Funding Sources

Title I: Federal grants for schools with high percentages of low-income students. Seven RCSD schools receive Title I funds. North Star, Roy Cloud, and Orion do not qualify.

District (ATSI/Categorical): Additional district funding targeted at schools identified for Additional Targeted Support and Improvement (ATSI). McKinley receives the largest allocation ($610K) as an ATSI-identified school.

PTO/PTA: Parent fundraising varies dramatically: North Star's PTA raises $326K (58% of its entire SPSA), while Garfield, Taft, Hoover, and Roosevelt report $0 in parent fundraising.

Measure U: Parcel tax funds distributed to schools for enrichment, music, art, and technology. Most schools receive between $48K and $192K.

Prop 28 (Arts): State Proposition 28 (2022) funds dedicated to arts and music education, distributed based on enrollment and demographics.

The equity picture is complicated. High-need schools receive more public categorical funding (Title I, ATSI) but still cannot close achievement gaps. Low-need schools like North Star receive the lowest per-pupil public funding and depend heavily on parent fundraising for basics like counselors and enrichment. Neither end is adequately served by the current model.

08

Key Documents & Links

Budget Documents

Bond & Parcel Tax

LCAP & Accountability

Board Meetings

External Coverage

09

Budget Glossary

ADA (Average Daily Attendance)
The average number of students attending school each day, used as the basis for state funding calculations. RCSD's ADA rate is about 94.70%.
ATSI
Additional Targeted Support and Improvement. A state designation for schools with student subgroups performing in the lowest performance levels. McKinley MIT is ATSI-identified.
Basic Aid / Community-Funded
A district whose local property tax revenue exceeds the state LCFF entitlement. RCSD keeps all property tax revenue instead of receiving most funding from the state.
CalPERS
California Public Employees' Retirement System. Provides pensions for classified (non-teaching) staff. Employer rate: 26.81% of salary.
CalSTRS
California State Teachers' Retirement System. Provides pensions for certificated (teaching) staff. Employer rate: 19.10% of salary.
Deficit Spending
When expenditures exceed revenues in a given year. The gap is covered by drawing down the fund balance (reserves). RCSD is deficit spending by $1.7M in 2025-26.
Fund Balance
The district's accumulated savings, similar to a checking account balance. Includes restricted funds (earmarked for specific purposes) and unrestricted funds available for general use.
General Fund
The primary operating fund for the district (Fund 01). Covers salaries, benefits, instructional materials, and day-to-day operations. Separate from bond funds and other special funds.
General Obligation (GO) Bond
A voter-approved bond backed by property taxes used exclusively for capital improvements (buildings, infrastructure). Requires 55% voter approval. Measures T and S are GO bonds.
LCAP
Local Control and Accountability Plan. A required three-year plan describing how the district will use funds to improve outcomes, with specific goals, actions, and metrics.
LCFF
Local Control Funding Formula. California's primary school funding system, providing base, supplemental, and concentration grants. For Basic Aid districts like RCSD, local taxes exceed the LCFF entitlement.
Parcel Tax
A flat or formula-based tax on each land parcel, used for General Fund operations (unlike bonds). Requires two-thirds voter approval. Measure U is RCSD's current parcel tax ($85/parcel/year).
RDA (Redevelopment Agency)
Former city agency whose dissolution resulted in pass-through property tax payments to the district. RCSD receives $11M in 2025-26, but this is expected to decline to zero.
Reserve Requirement (3%)
California law requires districts to maintain a Reserve for Economic Uncertainty of at least 3% of expenditures. At the 2025-26 Second Interim, RCSD's total reserve is 3.51%, above the 3% legal minimum and projected to rise to 5.81% by 2027-28.
Restricted vs. Unrestricted
Restricted funds have legal constraints on their use (e.g., federal grants, bond proceeds). Unrestricted funds (mostly property taxes) can be used for any lawful educational purpose.
S&C Entitlement
Supplemental and Concentration amounts under LCFF, calculated based on a district's percentage of unduplicated pupils (low-income, EL, foster, homeless). For state-funded districts this is an additional state grant; for community-funded districts like RCSD it's an entitlement funded from local property tax that sets the LCAP minimum-proportionality spending floor. RCSD's S&C entitlement is $10.2M.
SPSA
Single Plan for Student Achievement. Each school's site-level plan and budget for supplemental programs, funded through Title I, district allocations, parent organizations, and other sources.
Title I
Federal program providing supplemental funding to schools with high percentages of low-income students. Seven of RCSD's 12 schools receive Title I funds.