07-20-2010 Regular School Board Meeting
Agenda Item #38


Title
Recommended Adjustments for the 2010-11 Operating Budget

Discussion
Due to the lack of sufficient funding for 2010-11, it has become necessary to reduce the Operating Budget for next year.  Attached is a listing of recommended cuts as they were approved by the Board at the May 25 Board meeting.  The latest financial outlook, however, indicates that additional reductions may be necessary.  A finalized list is pending revised revenue projections from the Department of Education (expected to be received by Friday, July 16).  A completed list will be provided to the Board prior to the July 20 meeting.

Recommendation
Authorize the Superintendent to make the additional recommended budget adjustments to the 2010-11 Operating Budget pursuant to the list provided.

Meeting Date(s)
Information - 7/20/2010
Consent after Information8/10/2010

Authority for Action
F.S. 1011.71 (3)(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

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


Attachment:  2010-11 Proposed Budget Cuts.pdf
Attachment:  Revised Budget Recommendations.pdf