Fund Balance

Fund Balance

A school’s or unit’s available cumulative net position, inclusive of operating surplus/deficit and any carryforward. Fund balances appear in the general ledger and may also be referred to as "Expendable Fund Balances." Fiscal year-end fund balances only include actuals; any other time throughout the year, fund balances include all obligations and commitments (what is expendable).

Policy # Policy Title
FIN-025 Internal Interest Program
FIN-026 Creating and Managing Quasi Endowment Accounts
FIN-033 Maintaining Fund Balances