Action Item
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Business Action Item |
DATE: Tuesday, July 15, 2008
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
EXECUTIVE SUMMARY
Petty Check/Change Funds are established or altered with School Board approval in compliance with State Board of Education rules Chapter 6a-1.057. These are impressed funds transferred from district budget to the schools so that each school can make emergency purchases and have change to operate lunchrooms and athletic events. When funds are expended for purchases, the school submits receipts to Accounts Payable. The school is then reimbursed, and the school's budget is reduced by the amount of the purchase.
Turkey Creek Middle School requests School Board permission to close bank account number 002710941297 at Bank of America and to open a new bank account at Wachovia Bank. Signers will be:
ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)
Goal 6: No school should receive a grade lower than C.
FINANCIAL IMPACT (Budgeted: Yes)
Costs incurred for printing new checks and deposit slips will be offset by interest earned on daily balances.
EVALUATION
SUBMITTED BY: Bobbie Hargrove, Accountant II
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Gretchen Saunders
Chief Business Officer (813) 272-4270 |
| A 5.08 | |
| Hillsborough County Public Schools (Florida) * Mtg.#20080715_295 * Section A Item# 5.08 | |