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Board debates reserve policy: keep 10% or change to a general-fund range; agrees to consult unions
Summary
Trustees discussed revising policy DB (fund balance) to change the target from 10% of adopted revenues to a different percentage or to base it on the general fund. Members suggested a range, a trigger requiring board action before spending reserves and consultation with unions to build buy-in.
The Silver Falls School District Board discussed revisions to policy DB (fund balance) and signaled interest in changing how the district calculates its reserve target and in seeking union input on the new approach.
District staff opened discussion by asking whether the board wanted to keep the policy's current 10% target of total adopted revenues or change the base to the general fund or…
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