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Re: Festival performance cancelled
The band may not get that money back to spend (actually they can get it back if the board votes to) but the district won't be out that money. UIL can refund the funds (and should). It would then be up to the districts to decide on what to do.
Which will then be cleared out on May 1 or June 1, just like it always is, so you gain exactly nothing.
Every time the fiscal year rolls over, so does your funding. 99.9999% of districts don't carry fund balances in general operating budgets forward from year to year.
Into the general fund.. Then district can place it back into the appropriate account.