02-12-2013 Regular School Board Meeting
Agenda Item #11


Title
Financial Statements with Operating Budget Amendment for the Period ending December 31, 2012

Discussion

The School Board received Financial Statements which reflect the status of revenue received and expenditures as compared to approved or amended budgets. The Financial Statements submitted for the Board's consideration are for the period ending December 31, 2012.

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

Operating Revenue (pages 1-2) has no changes since the last budget amendment.

Appropriations, however, have increased or decreased based on budget amendments done by individual schools and departments. This budget amendment also reflects the rebudgetizing (REBUD) process which captured more up-to-date salary and benefit information for all employees within the District.



Recommendation
Approve the December 31, 2012 Financial Statements and Resolution #4 for the Operating Fund.

Meeting Date(s)
Consent w/o Information - 2/12/2013

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 Planning, Budgets, and Reporting, ext. 610

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




Attachment:  December 2012 Financials.pdf
Attachment:  Budget Amendment #4 - December 31 2012.pdf
Attachment:  December 2012 budget amend explanations.pdf