05-26-2009 Special School Board Meeting
Agenda Item #44


Title
Resolution Relating to Flexibility of Categorical Funding

Discussion
Florida Statutes grant flexibility to each school district to amend the district's operating budget by transferring funds from specific categorical programs to help maintain academic classroom instruction.  The District had anticipated additional revenue reductions for 2008-09 and was waiting to ensure that no additional cuts were going to take place before preparing the resolution for Board action and the final dollar amount.

Recommendation
Approve the attached resolution authorizing the flexible use of instructional materials categorical funds in the amount of $3 million to assist in balancing the budget.         

Meeting Date(s)
Information - 5/26/2009
Consent after Information6/16/2009

Authority for Action
FS 1001.42

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

Karen Strickland, Director of Planning Budgets & Reporting, ext. 610
Judy R. Preston, Associate Superintendent, Financial Services, ext. 600





Attachment:  RESOLUTION Categorical Flexibility Spending.pdf