Business Services Action Item

DATE:	Tuesday, September 19, 2017
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve Budget Amendments for the Period Ended June 30, 2017 (Business Services Division)
EXECUTIVE SUMMARY
On September 6, 2016, the School Board adopted the budget for fiscal year 2016/2017.  As the fiscal/school year progresses, we ask for your approval to amend the budget to more accurately reflect estimated revenues and appropriations.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The amendments are the result of various factors including increases or decreases in estimated revenues and increases or decreases in appropriations to more accurately reflect estimated expenditures.  Our financials are audited annually by independent external auditors as prescribed by law.
EVALUATION
Budget Amendments are presented to the School Board on a monthly basis per Florida Statute 1011.06 - Expenditures.  Our evaluation results will be completed for the June 30, 2018 Final Budget amendment agenda.
SUBMITTED BY:  Kristen Holmes, Budget Specialist 3, Budget Services Susan Garcia, General Manager, Budget, Cash Management, and Federal Finance

Gretchen Saunders		Dr. Alberto Vázquez
Chief Business Officer (813) 272-4270		Chief of Staff (813) 272-4986
		C 6.02
Hillsborough County Public Schools (Florida) * Mtg.#20170919_819 (Board Meeting followed by Public Hearing) * Section C Item# 6.02