Business Services Information Item

DATE:	Tuesday, March 7, 2017
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Monthly Financial Position Reports as of January 31, 2017 (Business Services Division)
EXECUTIVE SUMMARY
The 2016/2017 fiscal year budgets were adopted September 6, 2016.  The attached reports reflect revenues earned and funds expended through the period ended January 31, 2017.  The projected ending fund balances are the difference between anticipated revenue and expenditures.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The monthly financial position reports are consolidated and reflected in the year-end financial statements, which are audited annually by independent external auditors as prescribed by law.  The Board will receive the audit reports when they are complete.  The time of completion will vary based upon the activities of the auditors.
EVALUATION
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 13.01
Hillsborough County Public Schools (Florida) * Mtg.#20170307_826 (Board Meeting) * Section C Item# 13.01