09-05-2013 Special School Board Meeting
Agenda Item #14


Title
Special Revenue - American Recovery Reinvestment Act. Budget Amendment #1 for the 2012-13

Discussion

Changes in estimated revenues and appropriations are detailed in the amendment.

Revenues and expenditures were lower than estimated in the adopted budget by $1,288,891 of which $1,112,417, is due to postponement of  the purchase of software subscriptions and related computer equipment and data services.  The remaining $175,564 adjustment covers minor variances in other functions. The unused appropriations will be carried forward into Fiscal Year 2013-14 to fund the associated expenditures.



Recommendation
Approve Resolution #1 to amend the 2012-13 Special Revenue - American Recovery Reinvestment Act.

Meeting Date(s)
Consent w/o Information - 9/5/2013

Authority for Action
F.S. 1001.02(1), 1011.06

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. 600

Judy Preston, Associate Superintendent of Financial Services, ext. 600




Attachment:  Budget Amendment - American Recovery Reinvestment Act - Resolution #1.pdf