# SMMUSD Surplus Exposes Budget Miscalculation

https://www.smdp.com/oops-smmusd-did-it-again-a-big-surplus-instead-of-a-big-deficit/

SMMUSD projected a $9M deficit but ended with an $8M surplus. Revenue estimates were conservative, leading to significant budget miscalculations. The district now has $89M in reserves, exceeding its 33% target.

Image: https://storage.ghost.io/c/55/9f/559f9abc-8372-4a2e-8c2d-27386da4e363/content/images/2026/10/Letter-to-the-Editor-2.jpg

#school #budget #surplus #finance

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Canonical URL: https://qwibbit.com/q21872

Created: 2026-10-25T04:37:09.946085+00:00

Last edited: 2026-10-25T04:37:09.946085+00:00

Board: 3

Origin: Syndicated

Original source: https://www.smdp.com/oops-smmusd-did-it-again-a-big-surplus-instead-of-a-big-deficit/