Dissolution petition rescinded for Prescott School District

By on Friday, March 27th, 2026 in Columbia Basin News More Top Stories

PRESCOTT – A petition for dissolution for the Prescott School District has been rescinded, which was welcome news for staff and community that’s battled through oversight and financial insecurity.

In a letter to Educational Service District 123, Washington Superintendent of Public Instruction Chris Reykdal cited new financial resources and a recommendation from the state’s Financial Oversight Committee as the primary reasons for the decision.

“This is a testament to the resilience of our students, staff, and community, who have stood by our school,” said Prescott Superintendent Jeff Foertsch.

The petition, originally filed Jan. 12, had threatened the future of the small district. However, Reykdal’s letter outlined several factors that demonstrate the district’s ability to remain viable through the upcoming school year.

  • Legislative approval of language that allows the state to provide funding to repay outstanding interfund loans to the debt service fund and transportation vehicle fund.
  • Resources provided by local residents supporting the district’s general fund.

Cash flow statements for the current and upcoming school years were updated to reflect the revenues which also contributed to the rescinding.

The Financial Oversight Committee determined the district is not likely to meet minimum expenditure levels for certain programs for the current school year and has been approved by OSPI to carry over all unspent funds to the next school year.

Reykdal noted that while this was great news for the district and the Prescott community, there was still work to be done to keep the district on a path towards sustainable fiscal health. The district will remain under Enhanced Financial Oversight through the next school year with continuous evaluation and monitoring.

“While this is an important milestone, we know our work continues as we focus on long-term stability and providing the best possible education for all Prescott students,” said Foertsch.