Approve Revising Language in the Hewlett Packard (HP) Contract That Will Allow the Funding Previously Provided for Marketing to go to the Hillsborough Education Foundation for Technology Matching Grants and Scholarships.

To assist schools in meeting their technology challenges, it has been proposed that additional funding be allocated to the Technology Matching Grants of the Hillsborough Education Foundation. The money provided in the HP contract for internal marketing, $20,000.00 annually for 5 years, has been approved by both the HP Quarterly Review Committee and the Technology Steering Committee to help meet this need. The recommendation includes annual allocations of $18,000.00 to the matching grants fund program and $2,000.00 to the ACT-SO Scholarship Program of the NAACP local chapter.

Align financial resources to support the district’s strategic goals.

The HP contract language provides $20,000.00 annually for the five year life of the contract. Approval of this item provides a five year total of $90,000 for schools for technology matching grants and $10,000 for our students qualifying for NAACP ACT-SO scholarships.

Provided through the grant application process and oversight of the awards by the Hillsborough Education Foundation, the Technology matching funds grants provide targeted goals and objectives as well as a requirement to demonstrate results. The NAACP ACT-SO scholarships will be governed by the requirements of that organization through the local chapter and will directly benefit our students as they graduate and attend college.