Idaho districts, charters stash millions

Idaho school districts and charter schools are stockpiling millions of taxpayer dollars.

Some $215 million in unspent funds now reside in fund balance, or savings, accounts in districts and charter schools across the state.

To put the amount of reserves into perspective, the 2016-17 general fund budget for K-12 is close to $1.6 billion.

Superintendents say the unused money safeguards against budget cuts and unforeseen costs, including structural repairs and maintenance not covered by insurance/ Devin Bodkin , Idaho Education News. More here.