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44 <br /> 1 Slide#34 <br /> Fund Balance Historical Analysis and FY 2026 Forecast <br /> $20 OM <br /> $15.5N1 <br /> $15.DM <br /> S11.3M $l2.DM <br /> $1D.DM <br /> $5 am $5.5M <br /> S6.3M <br /> $5.0M <br /> $3.6M 53.SM <br /> $0.3M <br /> $D.DM <br /> $0.6M <br /> -$D.1 M -$0.4M <br /> -$5.0M <br /> 2021 2022 2023 2024 2025 2026' <br /> ■ Total General Fund Balance . Local Unassigned Fund Balance <br /> *Based on District estimates that FY2026 will add-$5m to the fund balance as a result of operations.Of that,it is estimated That about$1.8m <br /> would be reserved for various reporting requirements.Actual results will vary once the fiscal year is officially closed and audited. <br /> Chapel Hill-Carrboro City Schools I&—s.ore THINK(AND ACT) <br /> 2 <br /> 3 Jonathon Scott presented an update on the district's fund balance, noting that the last audited <br /> 4 financial statements showed an increase in fund balance of approximately$350,000. He said the district <br /> 5 is now three-quarters through the fiscal year and estimates it will end the year with approximately $5.5 <br /> 6 million in fund balance. He noted that the school board's priority in the coming years is to grow that fund <br /> 7 balance to a more sustainable level, expressing hope that the district would end the following year closer <br /> 8 to $10 million. He said this indicates the structural deficit has been resolved. <br /> 9 <br /> 10 Slide#35 <br /> Our • • Our — <br /> currentStrategic Budget Response <br /> Addressing . - .- through - <br /> while creating capacity to reinvest in innovation, strengthen <br /> academic prograrns, and develop future-ready school models that < <br /> expand opportunities for students and support long-term enrollmer' �d <br /> growth. z <br /> 11 <br /> 12 <br />