Red Rock Central board adopts 17% target for minimum unassigned general fund balance
After debate about reserves and reliance on non‑recurring revenue, the board voted to change the district’s minimum unassigned general fund balance target from 12% to 17% to provide a larger operating cushion.
The full story
Board members revisited the district’s minimum unassigned general fund balance policy. Some trustees said the conventional 12% target was low given revenue volatility, while others cautioned that reserves are taxpayer dollars that should not be hoarded unnecessarily.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in