Attached for your approval are the Budget Amendment Nos. 58-66 for the month of June 2012. These budget amendments represent the last amendments the Board can approve for the fiscal year 2011-2012.
Estimated revenues and appropriations reflect amendments to various functional expenditure categories for possible year-end expenditures booked through normal close-out procedures. Normal close-out procedures include: recognizing accounts payable and salaries payable for goods and services received and rendered prior to June 30, 2012, but not paid for until July 2012 adjustments made to inventory balances and if needed, correction of expenditure coding recorded during the year.
Strategic Focus: Provide Equitable Support Systems
Strategic Plan Goal: The District will ensure fiscal responsibility and equitable distribution of resources.