05-10-2011 Regular School Board Meeting
Agenda Item #12


Title
Financial Statements with Budget Amendments for the period ending March 31, 2011

Discussion

The School Board receives 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 March 31, 2011.

In addition, the budget amendments are submitted for the Operating Budget and the Capital Budget:

1.  Operating revenue (pages 1-2) has increased by $126,177 since the last budget amendment. Major changes by more than $100,000 are listed below:

Miscellaneous Local Revnue   $110,290

Appropriations, however, have increased or decreased based on budget adjustments done by individual schools and departments.

2.  Miscellaneous Capital budget revenues have changed due to revenue collected but not budgeted in the adopted budget.

Appropriations, however, have increased or decreased based on budget adjustments done by individual schools and departments.

 



Recommendation
Approve the March 31, 2011 Financial Statements, Resolution #7 for the Operating Budget, and Resolutions #9 - 12 for the Capital Budget.

Meeting Date(s)
Consent w/o Information - 5/10/2011

Authority for Action
F. S. 1010-02, 1001-02, 229.053(1), 237.02

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:  March 31, 2011 Financials.pdf
Attachment:  Operating Budget Amendment #7 - March 31 2011.pdf
Attachment:  Capital Budget Amendment #9 - 12, March 31 2011.pdf
Attachment:  Explanations for Budget Amendment #7-March 31 2011.pdf