In 2009, the district reported $2,070,275 in an unreserved-undesignated fund balance. The designated fund balance was reported as zero. In 2010, Mountain View School District Administration reported $1,415,306 in the unreserved-undesignated fund balance and $821,677 in its designated fund. Pennsylvania school district reserve funds are divided into two categories – designated and undesignated. The undesignated funds are not committed to any planned project. Designated funds and any other funds, such as capital reserves, are allocated to specific projects. School districts are required by state law to keep 5 percent of their annual spending in the undesignated reserve funds to preserve bond ratings. According to the Pennsylvania Department of Education, from 2003 to 2010, as a whole, Pennsylvania school districts amassed nearly $3 billion in reserved funds.