Business Services Action Item

DATE:	Tuesday, December 5, 2017
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve Budget Amendments for the Period Ended October 31, 2017 (Business Services Division)
EXECUTIVE SUMMARY
The 2017/2018 fiscal year budgets were adopted on September 19, 2017.  Thereafter, the budgets are amended as necessary and submitted to the Board for approval in the form of budget amendments (attached) following each period ending.
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 6.06
Hillsborough County Public Schools (Florida) * Mtg.#20171205_824 (Board Meeting) * Section C Item# 6.06