05-14-2013 Regular School Board Meeting
Agenda Item #36


Title
Resolution Relating to 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.  The categorical program is the Researched-Based Reading Instruction funds.  This flexibility was used when creating the 2012-13 Adopted Budget for the Operating Fund.

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

Meeting Date(s)
Information - 5/14/2013
Consent after Information5/28/2013

Authority for Action
F.S. 1011.62(6)(b)

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
13795,531Yes10098100005159400972000

Contact

Karen Strickland, Director of Planning, Budgets & Reporting, ext. 610.

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




Attachment:  2012-13 Categorical Flexible Spending Resolution.pdf