- 700 – Non-instructional Operations and Business Services
The Board recognizes that the maintenance of a fund balance is essential to the preservation of the financial integrity of the district and is fiscally advantageous for both the district and the taxpayer. Unassigned fund balance is an important measure of economic stability and thus, it is essential that the district maintain adequate levels of unassigned fund balance to mitigate financial risk that can occur from unforeseen revenue fluctuations, unanticipated expenditures, and similar circumstances. The fund balance also provides cash flow liquidity for the school district's general operations. This policy establishes goals and provides guidance concerning the desired level of year-end fund balance to be maintained by the district.