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:10/18/2016 6:00:00 PM
  
TO:HONORABLE SCHOOL BOARD MEMBERS
  
FROM:Kurt S. Browning, Superintendent of Schools
Olga Swinson, Chief Finance Officer
  
SUBJECT:       2016-2017 Budget Amendments #1 through #9 - July 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 for July 2016, #1 - #9:

            #1- General Fund
            #2- Debt Service Funds
            #3- Capital Projects Funds
            #4- Food & Nutrition Services Fund
            #5- Special Revenue Funds
            #6- Internal Service Funds
            #7- Trust & Agency Funds
            #8- Pension Trust Fund
            #9- Enterprise Funds


The Budget Amendments for all funds listed above include the distribution of the ending reserve for encumbrances as of June 30, 2016.  Reserve fund balances carried forward from the prior year were reduced and the appropriations for the encumbered reserves were increased.  Appropriations were amended by project, school and district cost center administrators to reflect anticipated expenditure changes.
 
In addition, revenues were amended to reflect additional revenue for Project #58516-Southwest Florida Water Management and revenue was amended on interest on Investments and increase in Fair Value of Investments for the Debt Service Funds and Pension Trust Fund. 



Recommendation:

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

ATTACHMENTS:
DescriptionUpload DateType
Budget Amendments July 201610/10/2016Backup Material