Agenda Item #16
Operating Fund Budget Amendment #7, Debt Service Funds Budget Amendment #1, and Capital Projects Fund Budget Amendment #3 for March 31, 2017
Operating Fund Budget Amendment – Resolution #7
Operating Revenue (pages 1 - 2) has increased by $797,909 since the last budget amendment. Major changes plus or minus $100,000 are listed below:
Miscellaneous Local $717,122
Appropriations have increased or decreased based on budget amendments done by individual schools and departments.Debt Service Funds Budget Amendment – Resolution #1
In March, the 2017A COP was issued for $52,425,000. It refunded the outstanding COP Series 2007B.
Revenues changes have been amended to the following:
Appropriations changes have been amended to the following:
Capital Projects Fund Budget Amendment – Resolution #3
Revenues have remained unchanged.
Due to the 2017A COP issuance, appropriations for the transfer to Debt Service/Escrow have decreased by $86,359 while increasing the fund balance by the same amount.
Approve resolution #7 to amend the Operating Fund Budget as of March 31, 2017.
Approve resolution #1 to amend the Debt Service Funds Budget as of March 31, 2017.
Approve resolution #3 to amend the Capital Projects Fund Budget as of March 31, 2017.
Consent w/o Information - 5/9/2017
Authority for Action
2009.53(1), 237.02 FS
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Agenda Item will not Require the Expenditure of Funds
Karen Strickland, Director, Budgeting, Cost Accounting & FTE, ext. 610.
Attachment: Budget Amendment #7 - March 31, 2017.pdf
Attachment: March 2017 Operating Fund Budget Amendment Explanations.pdf
Attachment: FY 2016-17 Debt Service Funds Budget Amendment - Resolution #1.pdf
Attachment: FY 2016-17 Capital Projects Fund Budget Amendment - Resolution #3.pdf