work to control costs and align resources with priorities while also looking at other strategies to maintain financial balance with minimal impact on students and classrooms. Operating revenues will fall short of operating expenses and extraordinary items causing a reduction in the operating fund balance of $2.8 million primarily due to one-time capital projects. The 2022-2023 year-end operating fund balances inclusive of business-type activities and extraordinary items are projected at $30.4 million or 46 percent. However, $520,000 has been formally committed by the Board for future capital expenditures related to the Center of CLayton. This leaves a net operating fund balance of $29.9 million or 45 percent of budgeted operating expenditures which exceeds the Board’s fund balance goal of 18 percent. As part of the normal budgeting process, long-range projections are developed and continually updated. This process allows the District to determine how much of available resources can be used for ongoing projects, such as new programs or initiatives, versus one-time projects, such as facility repairs.