Fund Balances Help School Districts Manage Resources

In simple terms, fund balance is the difference between assets and liabilities in a governmental fund as of the close of the fiscal year. School districts use their fund balances to responsibly manage cash flow — especially in districts that pay recapture and cannot lean on regular state funding.

COVID-19’s Impact on Education

The coronavirus pandemic has had a profound impact on public education in Texas, and it will take years to overcome that impact.

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