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Discussion at Flambeau meeting flags roughly $4 million fund balance, board cautioned against using it for recurring costs
Summary
Community members and administrators discussed the district's approximately $4 million fund balance (about 47% of expenditures); BAIRD guidance of 15–30% was cited and administration warned against using one-time funds for recurring expenses.
A question from community member and newly elected meeting chair Marty Huhn led to a discussion about the district’s fund balance, which participants said sits around $4 million. District Administrator Erica Schley told the meeting that the fund balance is "about 47% of district expenditures" and referenced BAIRD’s general guidance that districts typically maintain 15–30% of expenditures in reserve. Schley cautioned that the fund balance should not be relied upon for recurring expenditures.
Marty Huhn said he envisions the fund balance as a "rainy day fund" and emphasized sustainability and stewardship: he said the district should avoid repeatedly drawing down reserves for ongoing costs. No formal policy change was adopted at the meeting; the comments were part of the public Q&A and budget discussion.
