01-19-2016 Regular School Board Meeting
Agenda Item #20


Title
Financial Statements for the Period Ending November 30, 2015

Discussion

The School Board Financial Statements reflect the status of revenue received and actual expenditures as compared to the approved or amended budgets.  The Financial Statements submitted for the Board's consideration are for the period ending November 30, 2015.

In addition, a budget amendment for the Operating Fund is being submitted.

Operating Fund Budget Amendment #3

Operating Revenue (pages 1-2) has increased by $289,214 since the last budget amendment.  Major changes plus or minus $100,000 are listed below:

Miscellaneous Local $289,214

Appropriations; however, have increased or decreased based on budget amendments completed by individual schools and departments.



Recommendation
Approve the November 30, 2015 Financial Statements and Operating Fund Budget Amendment - Resolution #3.

Meeting Date(s)
Consent w/o Information - 1/19/2016

Authority for Action
F.S. 1010.02, 1001.02,1001.02(1)

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact

Kathy Jackson, Accounting Manager ext. 674

Jo Ann Clark, Director of Accounting Services, ext. 660

Karen Strickland, Director of Budgeting, Cost Accounting & FTE, ext. 610

Judy R. Preston, Associate Superintendent of Financial Services, ext. 600




Attachment:  FY2015-16 Financial Statements - November 30, 2015.pdf
Attachment:  Budget Amendment #3 - November 30 2015.pdf
Attachment:  November 2015 Operating Fund Budget Amendment Explanations.pdf