Why it Matters: This algorithm is used by the Michigan Department of Treasury to calculate Fund Balance as a Percent of Unrestricted Revenues. Fund Balance is General Fund only and Major Class = 7xx. Revenues is calculated as General Fund only and Major Class = 1xx (local), 2xx (other), 311, 316, 318 (state unrestricted), 411, 412, 416, 418, 419 (federal unrestricted), 51x and 52x (other districts). The trigger for this metric is 5%. (n108) (o161)

Data Source: The school district financial data comes from two sources. Historic data is provided by downloads from the Michigan Department of Education, Center for Educational Performance and Information (CEPI) Financial Information Database (FID). Future data is loaded by the respective school district financial department. (n040)

Fund Balance as a Percent of Unrestricted Revenues for Huron Valley Schools

District Code200820092010201120122013201420152016
Brighton Area Schools0.3%-4.7%-15.5%-16.6%-16.7%-18.5%-8.5%2.7%4.1%
Hartland Consolidated Schools5.9%7.8%6.5%12.7%14.8%12.3%9.3%8.9%7.4%
Holly Area School District13.0%12.5%12.7%11.0%6.0%3.3%0.1%1.7%5.6%
Huron Valley Schools17.2%17.3%18.4%17.5%19.5%19.8%17.2%18.9%14.5%
South Lyon Community Schools10.6%10.3%9.5%14.3%14.6%13.6%11.7%12.2%12.9%
Walled Lake Consolidated Schools11.0%10.3%5.9%8.9%11.6%8.4%6.3%7.1%7.5%
Waterford School District10.0%9.4%10.2%10.3%7.8%6.0%1.4%2.6%4.3%