District Financial Reserve Policy - How Much Money We Keep in Savings
The official document
What the district published
This is the source material — exactly as released by RUSD. The plain English translation below is this site's version, written for community members who shouldn't need to know all the lingo to understand what they're legally entitled to as taxpayers, and how to access it.
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What this document actually says
This policy establishes how much money Reed Union School District must keep in reserve (like a savings account) to protect against financial emergencies. The district is required to maintain at least 27% of its annual general fund spending as a reserve for economic uncertainties. This percentage was chosen to maintain a strong bond rating and protect services from unexpected events like natural disasters, funding cuts from state or federal government, economic downturns, or legal costs. The school board must approve any use of these reserve funds, and any money spent must be replenished as soon as possible. The board will review this policy at least every five years.
What this means for your family
This policy helps ensure your child's education won't be disrupted by financial emergencies. By keeping 27% of annual spending in reserve, the district can maintain teachers, programs, and services even during natural disasters, state budget cuts, or economic downturns. This financial cushion helps protect the quality of education your child receives.
Summaries are AI-assisted and based on the original district document shown above. Nothing has been editorialized — interpretations are clearly labeled. This site is maintained by Lina Godfrey's campaign as a community resource.