Keyword: fund balance
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The Seaford School district has increased its fund balance from 2.6 percent to 4 percent, from $1.58 million to $2.5 million. Alexandria Battaglia, an external auditor from R.S. Abrams & Company, told Seaford Board of Education members at the Oct. 2 school board meeting that while the unassigned fund balance was now at the legal limit and other school reserves have increased, additional money is needed in designated reserve funds in order to cover the school district’s $79.4 million liability. more
The average homeowner in Nassau County typically spends 60 to 65 percent of his or her local taxes on schools. Don’t you want to know how your money is being spent? more
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