Expendable Fund Balance

The expendable fund balance represents a unit’s available cumulative net position / retained earnings, inclusive of operating surplus (deficit), or carryforward. In order to appear as an expendable fund balance, the amount must appear in the General Ledger. Note: On June 30, expendable fund balance only includes actuals; any other time, it includes all WD obligations and WD commitments, therefore what is truly expendable.
Functional Area