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Finances

Audited Fund Balances

The spreadsheets within this link contain figures that have been audited by an auditing firm and approved by our local School Board. Here you will be able to view actual fund balances for all reserved and unreserved accounts for BOLD. These accounts are set by the Minnesota Department of Education.

Budget Publication

It is required by Minnesota State Statute that every school board publish this information within the district annually. Typically, the figures within these documents are required to be completed prior to the closing of the audit. Therefore, more firm figures for the district will be given once the audit has been completed.

Student Enrollment

Within this link you will find past history of BOLD’s enrollment plus projections of the upcoming year(s). State aid is calculated based upon and average daily membership (ADM) vs. an actual seat count. This allows the district to collect state aid on those students who may not attend BOLD the whole year.

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