The phrase
"fund balance" refers to the amount of money or resources that are left in a fund after all expenses and obligations have been subtracted. It represents the remaining funds or savings that a specific fund has.
Full definition
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«fund»
«balance»
Related phrases
Phrases with «fund balance»
Sentences with «fund balance»
- The report says the district officials recognized their use of fund balance as a financing source could not continue. (wxhc.com)
- The town's estimated fund balance for 2017 ended with $ 1 million more than anticipated, he said. (suffolktimes.timesreview.com)
- As we are beginning to develop our budget for the upcoming school year, we will be paying particular attention to the extent to which we rely on fund balance. (newrochelletalk.com)
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