The district's first interim financial report - labeled positive - was presented on Thursday and reflects the current and two subsequent fiscal school years.
However, the only item the district hasn't budgeted for in the 2013-14 school year is the Common Core State Standards, said Sandra Chen, the district's assistant superintendent of business services.
The district is not certain of the cost it will take to implement the professional development, instructional and technology associated with Common Core, Chen said.
Since 2010, 45 states have adopted the same standards for English and math. These standards are called the Common Core State Standards. Having the same standards helps all students get a good education, even if they change schools or move to a different state, according to the California State Department of Education's website.
Teachers, parents, and education experts designed the standards to prepare students for success in college and the workplace, the website reads.
Districts each year are required by the state to submit first and second interim reports that reflect their financial status for next three school years to their county board of education and the state Department of Education.
Districts that can't meet the requirements must submit a third interim report.
The reports must be submitted as either positive, which means the district will be able to meet their financial responsibilities, qualified, which means they may be able to meet their fiscal responsibility, or negative, meaning they are not fiscally stable.