Hillsborough County Public Schools Business
Action Item

DATE: Tuesday, January 27, 2009
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

Adopt Resolution Authorizing the Superintendent and/or Designee to Conduct Transactions for the USF Patel Elementary State Board of Administration (SBA) Investment Account

EXECUTIVE SUMMARY

In July 2008 the USF Patel Charter School closed and reopened as a district traditional school. At the time of closing, USF Patel maintained an investment account with the SBA. In order for our School District to conduct transactions on this account the attached resolution must be approved by the Board.

ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)

* Demonstrate best financial practices

FINANCIAL IMPACT (Budgeted: No)

The current balance in this account is $7,534.45.

EVALUATION

SUBMITTED BY: Steve Brady, Assistant Department Manager, Cash Management

Susan Garcia
Manager Services and Support, Budget
(813) 272-4064 		Gretchen Saunders
Chief Business Officer
(813) 272-4270
C 01
Hillsborough County Public Schools (Florida) * Mtg.#20090127_342 * Section C Item# 01