A photo of the NUSD Offices

Financial Reports

Financial assessments including financial reports audit reports and actuarial reports and more.

NUSD Board Policy/Administrative Regulations 3100 Budget address:

  • Budget development and adoption process
  • Budget advisory committee
  • Budget criteria and standards (including reserves)
  • Fund balance
  • Long-term financial obligations
  • Budget amendments
  • Financial Reports

    Adopted budget and interim budget reports. 

    Superintendent’s Roadshow: Spotlight on the Budget

    Each year, Superintendent Dr. Tracy Smith, Chief Financial Officer Joshua Braff, and Executive Director of Education Services Dr. Julie Synyard attends one meeting of every PTA, PTO, and PTSA in Novato.

    The purpose is to introduce themselves as the leadership team of NUSD and to meet the community.

    At these meetings, they take the time to discuss the current state of NUSD’s funding structure and budget, and to ask for parent participation in the Local Control Accountability Plan (LCAP).

    Education Protection Account

    Proposition 30 – The Schools and Local Public Safety Protection Act of 2012 – approved by the voters on November 6, 2012, temporarily increased the state’s sales tax rate for all taxpayers and the personal income tax rates for upper-income taxpayers. A portion of the new revenues is earmarked to support increased school funding, with the remainder helping to balance the state budget.

    The new revenues generated from Proposition 30 are deposited into a newly created ledger account called the Education Protection Account (EPA). Proposition 30 requires that the use of EPA funds be determined by the governing board at an open public meeting. EPA funds may not be used for administrative costs.