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Tecumseh board debates how to measure and rebuild fund balance amid tight finances
Summary
Board members spent the longest part of the Nov. 10 meeting debating how to define and rebuild the district fund balance (policy goal cited at 12%), whether to target a two‑month cash reserve, and what reporting or KPIs to require; administration committed to updated forecasts and a January budget amendment.
The Tecumseh Public Schools Board of Education spent a significant portion of its Nov. 10 meeting discussing the district's fund balance and how the board should define and monitor reserves.
Mr. Hilton told trustees the board currently has a 12% fund-balance goal written into policy and asked for direction on how to measure that target and what the board's priorities should be going forward. He said staff will bring a first budget amendment and…
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