Reserve Funds: Saving for the Future

Cartoon graphic of a hand holding gold coins and a dollar bill. Blue text on a yellow background reads “14 Reserve Fund Types in New York state"

Saving for a rainy day isn’t just a goal for most adults. It’s a goal for school districts, too. Reserve funds allow school districts in New York state to set aside money for future use, following strict legal requirements. Such funds are an important factor in determining a district’s fiscal health. They are also part […]

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