The matching funds program was established in 2001-02 by the Superintendent to assist schools and their partners in raising funds for construction projects by matching dollars in any amount up to $50,000. On January 22, 2004, a committee composed of representatives from the County Council PTA, elementary, middle and high school principals, students, teachers, and the Facilities Division met to review the procedures approved by the Board on October 15, 2002. Revisions to program procedures were recommended and approved by the Board on March 9, 2004, and were effective beginning the 2004-05 fiscal year.

Apollo Beach Elementary School has requested District matching funds to complete their project budget for replacement of their school marquee. This authorization is subject to submittal of architectural and engineering documents for permit approval.

Total matching funds expenditure is $25,054. Expenditures will be funded as follows: 50% by the school and 50% from 2 Mill matching funds, not to exceed $50,000.