09-08-2016 Special School Board Meeting
Agenda Item #12


Title
FY 2015-16 Special Revenue Fund Budget Amendment - #2

Discussion

Revenues and expenditure appropriations in the Special Revenue Fund have decreased by $10,687,930 since the last budget amendment. Major changes plus or minus $100,000 are listed below:

Title II 

($354,296)

21st Century - Title IV

($418,167)

Other Federal Direct

($830,876)

   [Department of Justice (DOJ)-($774,246)]

Title I

($1,433,144)

Magnet Grant (MSAP)

($2,572,739)

IDEA

($4,906,130)

Unspent funds for most projects are expected to be approved as carry forward into FY 2016-17. Federal direct funds (MSAP and DOJ) will automatically carry forward as they are multiple year grants.



Recommendation
Approve Resolution #2 to amend the FY 2015-16 Special Revenue Fund Budget.

Meeting Date(s)
Consent w/o Information - 9/8/2016

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. 660
Pennie L. Zuercher, Chief Financial Officer, ext. 600




Attachment:  FY 2015-16 Special Revenue Fund Budget Amendment - #2.pdf