April 29,2026 Financial Oversight Committee Meeting

The Tigard-Tualatin School District Financial Oversight Committee met on April 29, 2026, to review financial and budgetary matters including portfolio management, bond proceeds, insurance coverage, and credit ratings. The committee discussed the district's investment portfolio totaling over $244 million, including bond proceeds from the 2025 issuance and operating funds. They reviewed insurance renewals and noted a $17,000 premium for sex abuse and molestation coverage, as well as anticipated increases in liability insurance costs. Moody's downgraded the district's credit rating to A1 but removed the negative outlook, citing stable funding and management confidence despite enrollment declines and fund balance use. The district's general obligation bonds remain fixed rate, mitigating interest cost impacts. The committee also addressed compliance with financial reporting standards and scheduled the next meeting for early November 2026. No new contracts or procurement actions were reported during this meeting.