Chico Unified School District enjoys a strong financial outlook. The District has recorded the following changes in unrestricted fund balance [profit/(loss)] for the last five years: 2017-18: +$960,732, 2016-17: +$162,046, 2015-16: +$9,973,810, 2014-15: +$1,759,038, and 2013-14: (-$4,468,500).
This overall positive change in unrestricted reserves occurred while the district eliminated deficit spending, reinstated educational program offerings, and increased employee compensation.
The Board's priority of increased teacher and support staff compensation was achieved through negotiated settlements with all employee labor groups. The District is able to plan for this spending as a result of our strong financial reserves.