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NYS Education Department
Child Nutrition Program
AdministrationExcess Fund Balance Formula for Reducing the Excess Fund Balance of nonprofit Food Service AccountSchool Food Authority (SFA) Name:
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What is formfinanceexcessiveopbalancev002130522doc excess fund balance?
The excess fund balance is the amount by which the actual fund balance exceeds the targeted fund balance.
Who is required to file formfinanceexcessiveopbalancev002130522doc excess fund balance?
Entities that receive public funds and are subject to financial reporting requirements may be required to file the excess fund balance form.
How to fill out formfinanceexcessiveopbalancev002130522doc excess fund balance?
The form typically requires the entity to provide information about its funding sources, expenditures, and fund balance levels.
What is the purpose of formfinanceexcessiveopbalancev002130522doc excess fund balance?
The form helps government agencies and other stakeholders monitor the financial health and accountability of entities that receive public funds.
What information must be reported on formfinanceexcessiveopbalancev002130522doc excess fund balance?
The form may require details about fund balance levels, sources of funding, and how the funds are being utilized.
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