02-24-2015 Special School Board Meeting
Agenda Item #17


Title
Resolution Relating to the Flexibility of Categorical Funding

Discussion
Florida Statute 1011.62(6)(b) grants flexibility to each school district to amend the District's budget by transferring funds from specific categorical programs to maintain academic classroom instruction. This flexibility was used regarding the Researched-Based Reading Instruction funds when creating the 2014-15 Adopted Budget for the Operating Fund.

Recommendation
Approve the resolution authorizing the flexible use of Research-Based Reading Instruction funds to assist in balancing the budget.

Meeting Date(s)
Information - 2/10/2015
Consent after Information2/24/2015

Authority for Action
1011.62(6)(b)

Involves Expenditure of Funds Directly in the Classroom
Yes

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

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program
15573,145Yes10098100005159400972000

Contact

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

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




Attachment:  The 2014 Florida Statutes - 1011.62 (6)(b) Resolution for Categorical Flexible Spending.pdf
Attachment:  Categorical Flexible Spending Resolution 2014-15.pdf