11-22-2011 Organization of the Board and Regular School Board Meeting
Agenda Item #23


Title
Financial Statement with Budget Amendments for the Period Ending September 30, 2011

Discussion

The School Board received Financial Statements which reflect the status of revenue received and expenditures as compared to approved or amended budgets.  The Financial Statements submitted for the Board's consideration are for the period ending September 30, 2011.

In addition, the budget amendment is submitted for the Operating Fund.

Operating Revenue (pages 1-2) has increased by $228,959 since the budget adoption.  Major changes plus or minus $100,000 are listed below:

Miscellaneous Local      $169,655

Appropriations, however, have increased or decreased based on budget amendments done by individual schools and departments.



Recommendation
Approve the September 30, 2011 Financial Statements and Resolution #1 for the Operating Fund.

Meeting Date(s)
Consent w/o Information - 11/22/2011

Authority for Action
F. S. 1010.02,1001.02, 1001.02(1)

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

Karen Strickland, Director of Planning, Budgets, and Reporting, ext 610

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




Attachment:  September 30, 2011 Financials.pdf
Attachment:  Budget Amendment #1 - September 30 2011.pdf
Attachment:  Sept 2011 budget amendment explanations.pdf