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RJHokie

Joined: 12/15/1999 Posts: 31130
Likes: 30721


A “war chest” is defined as reserves. Did not say it was revenue.


But you may have to use your “available” reserves to balance your budget. In this case your other financial resources for balancing your budget are available reserves and debt (most likely short-term borrowing from the school or outside sources like banks).


[Post edited by RJHokie at 11/23/2020 10:28PM]

(In response to this post by UberHOKIE)

Posted: 11/23/2020 at 10:26PM



+0

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