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Board lowers fund-balance target to 25% and moves to executive session
Silver Lake J1 School District · September 23, 2024
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Summary
Trustees approved a change in the board’s fund-balance target from 30% to 25% and then voted to move into executive session for a significant personnel/operational discussion; the fund-balance motion passed during the annual meeting.
The Silver Lake J1 board voted to change its operating fund‑balance target from 30% to 25%.
A trustee noted auditors typically recommend a 20–30% target and said the proposed 25% would keep the district in a healthy position…
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