By Susan Winlow
School district staff will present an unaudited financial report for 2013-14 to the Fairfield-Suisun School District governing board Thursday that shows a combined ending general fund balance June 30 of almost $21 million.
The combined balance includes an unrestricted general fund balance of just more than $16 million and a restricted fund balance of about $4.7 million. The figure does not include routine and other expenditures taken out of the unrestricted general fund, such as the teachers association reserves of $1.6 million and retiree benefits, also for about $1.6 million, that lead to the undesignated unrestricted balance June 30 of $9.3 million.
via Fairfield-Suisun school board to discuss financial report Daily Republic.