Thousand Oaks

Conejo Valley schools estimate $8 million surplus

Conejo Valley schools estimate $8 million surplus

Thousand Oaks Acorn

June 12, 2026

Original

Big news for Conejo Valley families: despite projections showing fewer students in classrooms next year, CVUSD is looking at an $8.1 million budget surplus. The district's proposed 2026-27 budget clocks in at $259.7 million in revenue versus $252 million in expenditures — a rare bright spot in an era of tight school funding. That's nearly $14 million more coming in than this year, thanks largely to increased state and local revenues.

Local parents and staff will want to keep an eye on how this surplus is used. With enrollment dipping, some may worry about program cuts or school closures, but a healthy fund balance gives the board flexibility to invest in classrooms, maintenance, or teacher support. The Thousand Oaks Acorn first reported the numbers, and for a community that values its schools, this is a reassuring — if surprising — fiscal snapshot. Let's see what the board decides to do with that cushion.

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This summary was written by AI based on the original article from Thousand Oaks Acorn.

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June 12, 2026

AI-curated summary from local news sources

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