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The Unspent Balance Authority may have dollars in the bank or the district may not have the dollars on hand. The dollars as a part of the Unspent Balance may be reserved because of the special purpose by which those funds were received. An example would be Title I funds, Technology dollars, etc., that are designated for special purposes and not available for the broad expenditure purpose of the General Fund. It is important to remember that the Unspent Balance is like your savings account; once you've spent it, the dollars are gone forever. The difference is the combined district cost and some Miscellaneous Income are reoccurring funds. They are regenerated each year based on the weighted enrollment, times the district cost per pupil, and the Miscellaneous Income that is generated on an annual basis. |
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