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Board reintroduces fund-balance targets and moves fine details of facilities policy into administrative regulation
Summary
The board advanced first readings to reinstate a 5–8% unassigned fund-balance target and to move facility-use details from policy 707 into administrative regulations; some members pushed back on wording such as using 'strive.'
Schuylkill Valley School District board members advanced two policy revisions at the March 23 committee meeting that change how the district frames reserves and how it publishes operational rules.
On policy 6-20 (fund balance), the committee recommended reinstating guidance removed in May 2023 by specifying that the district "will strive to maintain an unassigned general fund balance of not less than 5% and not more than 8% of the…
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