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:6/2/2015 9:30:00 AM
  
TO:HONORABLE SCHOOL BOARD MEMBERS
  
FROM:Kurt S. Browning, Superintendent of Schools
Olga Swinson, Chief Finance Officer
  
SUBJECT:       2014-2015 Budget Amendments - April 2015 - #54 through #61

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 budget approved by the School Board.


Description:

Budget Amendments #54-61:

·#54 – General Fund – The General Fund was amended to adjust estimated revenues for the following projects:

          #59120 – ROTC Navy – Revenue #419100
          #54115 – DOE/DVR Third Part Agreement – Revenue #439900
          #59310 – Florida Academic Literacy Network – Revenue #444000

The General Fund appropriations were amended by project, school and district cost center administrators to reflect changes in anticipated expenditures.  In addition, fund balance was amended to provide additional funds for employees to attend Trapeze National User Conference and for newspaper advertisements for the sale of land (Hercules Property).

·#55 – Debt Service Funds – The Debt Service Fund was amended to recognize estimated revenues and appropriations for a transfer of funds between debt service funds and recognize the proceeds from the refunding of the COPS Series 2007A and the issuance of COPS Series 2015A.

·#56 – 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 increase funds available for the cafeteria remodeling at Land O’ Lakes High School and Mittye P. Locke Elementary School.

·#57 – 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 Department of Education for the following projects:

          #35115 – Pell – Revenue #419900
          #36714 – Early Headstart – Revenue #419900
          #36614 – Headstart – Revenue #419900
          #36914 – Title II Part A Teacher/Principal Training – Revenue #422600
          #36915 – Title II Part A Teacher/Principal Training – Revenue #422600
          #34014 – IDEA Part B – Revenue #423000    
          #31315 – Title I Part A – Revenue #424000
          #32515 – Carl D Perkins Post-Secondary– Revenue #428000

·#58 – ARRA Economic Stimulus Funds – The ARRA Economic Stimulus Funds appropriations were amended by district cost center administrators to reflect changes in anticipated expenditures.  In addition, estimated revenues were amended in accordance with information received from the Department of Education for the following projects:

          #39801 – Race To The Top Digital Learning Support – Revenue #421400
          #39807 – Race To The Top – Revenue #421400

·#59 – Internal Service Funds The Internal Service Funds revenue was amended to reflect an increase in insurance loss recovery and appropriations were amended to reflect changes in anticipated expenditures. 

·#60 – Trust & Agency Funds – The Trust & Agency Funds revenue and appropriations were amended to account for the social committee funds.

·#61 – Enterprise Fund – The Enterprise Funds revenue and appropriations were amended to correct the revenue object and fund balance was amended to provide funds to the PLACE 21st Century Program.

Strategic Focus:  Provide Equitable Support Systems
Strategic Plan Goal:  The District will ensure fiscal responsibility and equitable distribution of resources.



Recommendation:

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

ATTACHMENTS:
DescriptionUpload DateType
Budget Amendments-April 20155/22/2015Backup Material