03-25-2008 Special School Board Meeting
Agenda Item #44


Title
F-3. Budget Amendment #5 for the Operating Fund, 2007-08

Discussion

Changes in projected revenue (p.1-2) which have occurred since the last amendment are as follows:

Misc Local Revenue            744,219

A new reserve account has been established to collect cut/deleted budget items (Superintendent's Reserve).  The balance of this new reserve reflects a partial collection of the Superintendent's directed 10% Department-level cut.  Appropriations, however, have increased or decreased based on budget adjustments done by individual school and departments. 



Recommendation
Approve resolution #5 to amend the Operating Budget as of February 29, 2008

Meeting Date(s)
Consent w/o Information - 3/25/2008

Authority for Action
229.053(1), 237.02 FS

Involves Expenditure of Funds Directly in the Classroom
Partial

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

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program
FY
Amount
Budgeted
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Cost Center
Project
Function
Object
Program

Contact
Karen Strickland, ext 610


Attachment:  Budget Amendment #5, 2007-08.pdf