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Track 1: Fundamentals of School Finance
This session will review the key components of the Iowa school finance formula and their impact on your school district's authorized budget. This session will expand your understanding of the role of each component and the impact of a change in one of the components on your school district's authorized budget. You will leave the session knowing the role of the general fund versus other school district funds, miscellaneous income, the cash reserve levy, the Aid and Levy Worksheet, and the budget process; as well as the relationship between the unspent balance to the cash balance and the undesignated/unreserved balance.

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This session will review the key components of the Iowa school finance formula and their impact on your school district's authorized budget. This session will expand your understanding of the role of each component and the impact of a change in one of the components on your school district's authorized budget. You will leave the session knowing the role of the general fund versus other school district funds, miscellaneous income, the cash reserve levy, the Aid and Levy Worksheet, and the budget process; as well as the relationship between the unspent balance to the cash balance and the undesignated/unreserved balance.