Facilities Action Item |
DATE: Tuesday, October 7, 2008
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
EXECUTIVE SUMMARY
The matching funds program was established in 2001-02 by the Superintendent to assist schools and their partners in raising funds for school improvements 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 for the 2004-05 fiscal year. (Criteria - Attached)
District matching funds are requested for completion of the project budgets at Bryant Elementary School for purchase of technology equipment, Turner Elementary School for construction of a covered playcourt, and West Tampa Elementary School for construction of a covered playcourt.
ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)
FINANCIAL IMPACT (Budgeted: Yes)
Total project expenditures are $9,165 ($4,500 District's contribution, $4,665 Bryant's contribution), $170,950.50 ($50,000 District's contribution, $120,950.50 Turner's contribution, including cost of legal ad), and $165,000 ($50,000 District's contribution, $115,000 West Tampa's contribution). The District is matching the maximum of $50,000 per school, per three year period. Expenditures are funded as follows: a minimum contribution of 50% of the project cost from the school and the balance from 2 Mill matching funds, not to exceed $50,000. The balance of matching funds remaining for use in 2008-09 is $235,500.
EVALUATION
SUBMITTED BY: Gwen Christensen, Accountant
|
Cathy L. Valdes
Chief Facilities Officer (813) 272-4004 |
A 6.19 | |
Hillsborough County Public Schools (Florida) * Mtg.#20081007_301 * Section A Item# 6.19 |