Item Coversheet
 


Pasco County Schools
7227 Land O' Lakes Boulevard. Land O' Lakes, Florida 34638 - 813/794-2000

Kurt S. Browning, Superintendent of Schools           www.pascoschools.org


Contact:
Joanne Millovitsch, Director of Finance Services
(813) 794-2268

DATE:5/3/2016 9:30:00 AM
  
TO:HONORABLE SCHOOL BOARD MEMBERS
  
FROM:Kurt S. Browning, Superintendent of Schools
Olga Swinson, Chief Finance Officer
  
SUBJECT:       2015-2016 Budget Amendments #49 through #55 - March 2016

Introduction:

State Board of Education Rule 6A-1.006 requires Board approval for amendments to the District School Budget whenever the function and object amounts in the accounts prescribed by the State Board for the budget form are changed in the original approved by the School Board. 

Description:

Budget Amendments #49-55:

·        #49 – General Fund – The General Fund appropriations were amended by project, school and District cost center administrators to reflect changes in anticipated expenditures. Fund balance was amended to provide funds for STEM Magnet Program travel, maintenance software funds for the new bus software for Transportation, to provide funds for the purpose of returning funds to Florida Department of Education for Sunlake Aviation Academy and Instructional Leadership and Development grant because the funds were not spent by June 30, 2015; for adjustments to the Cyesis budget for River Ridge High and Pasco High and to transfer funds to Debt Service for the computer lease program.

 

·        #50 – Debt Service Funds – The Debt Service Funds revenue and fund balance was amended to decrease the Capital Project funds transferred to the COPS 2013A and increase funds transferred from the Enterprise and Capital Project funds for the second phase of the computer lease purchase program. 

 

·        #51 – Capital Project Funds – The Capital Project Funds appropriations were amended by project administrators to reclassify capital expenditures to the appropriate objects to reflect changes in anticipated expenditures.  Fund balance was amended to adjust transfers to the COPS 2013A Debt Service fund, to provide additional funds for white fleet vehicles and for Food & Nutrition to purchase equipment for multiple schools.

 

·        #52 – Food & Nutrition Fund – The Food & Nutrition Fund appropriations were amended by administrators to reflect changes in anticipated expenditures.

 

·        #53 – Special Revenue Funds – The Special Revenue Funds appropriations were amended by project, school and District cost center administrators to reflect changes in anticipated expenditures.  In addition, estimated revenues were amended in accordance with information received from the Florida Department of Education for the following projects:

 

               #32516 – Carl D Perkins Post-Secondary – Revenue #428000

               #36016 – Elementary School 21st Century – Revenue #429900

 

·       #54 – Internal Service Funds – The Internal Service Funds appropriations were amended by administrators to reflect changes in anticipated expenditures and fund balance was amended to provide additional funds for outside repairs to buses involved in accidents.

 

·        #55 – Enterprise Funds – The Enterprise Funds appropriations were amended to record the transfer of funds to the Debt Services Fund for the second phase of the computer lease program.



Recommendation:

The staff respectfully requests School Board approval of the attached Budget Amendments.

ATTACHMENTS:
DescriptionUpload DateType
Budget Amendments March 20164/20/2016Backup Material