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EdNC Ask & Answer | What You Need to Know About School District Fund Balances
"Last month, EdNC published a 10-year look at school district fund balances, which essentially operate like savings accounts for public school districts.
In the face of school choice expansion, the federal funding cliff, and more, fund balances are playing a key role in budget planning for districts in the 2024-25 school year.
Following our report, we received a lot of questions from district and school leaders about fund balance data. Given the anticipated importance of the funds this year, we’ve compiled a list of questions and answers on the topic — including what fund balances are, where the data comes from, and more."
Read the full story here.
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