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The fund balance of a particular fund represents the past accumulation
of revenue minus expenditures plus any additional adjustments.
A fund balance can either be unallocated or allocated. An unallocated
fund balance represents those resources that are available without
a future restriction as to their use. While in turn, an allocated
fund balance is either restricted to a particular use by an external
entity or designated as to a particular use by the governing board.
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