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Policy committee backs changing general fund target to a 10%–15% range
Summary
Waunakee Community School District policy committee agreed to send to the full board a revision that defines a 10%–15% general fund balance range; staff said the change reflects current reserves (about 11%) and would help debt-rating clarity while separate contingency goals must also be addressed.
The Waunakee Community School District Policy Committee voted to forward a proposed change to the district’s general fund balance policy that would specify a target range of 10% to 15% rather than a fixed 15% goal.
The change aims to align the district’s written policy with current reserves and provide clearer signals to external reviewers. Committee presenters said the district’s most recent publicly shared annual report showed an approximate 11% fund balance, below the existing 15%…
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