School Districts' Fund Balances Grow Despite Budget Squeeze

JUNE 28, 2013 | by PRIYA ABRAHAM

Despite claims of severe budget cuts, school districts’ fund balances—their rainy day funds—grew last year. 

School districts increased their fund balances in 2011-12 by more than $200 million.  As of June 2012, they held $3.5 billion in total reserve funds.

School District Reserves

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