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
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)