TRS reserve at funding cap
North Tonawanda City School DistrictNew York- Detected
- Oct 7, 2026
- 27 days ago
- Sector
- Payroll and Pension
- Est. value
- Free account
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From the meeting
The district's Retirement Contribution Reserve (TRS) is used to offset Teachers' Retirement System payments. The document says the reserve can be funded up to 2% of instructional payroll annually and had a June 30, 2026 balance of $2,609,668, with a maximum near $2,625,770. That shows the district is still actively managing pension-cost smoothing and could alter future budget capacity.
- Meeting date
- October 7, 2026
- Agency
- North Tonawanda City School District
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