HCPS FL Logo Business
Action Item
DATE: Tuesday, August 12, 2014
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Advertisement of the District's Intent to Adopt a New Policy (Administration Division)
EXECUTIVE SUMMARY
The Divisions of Administration and Business seek approval to properly advertise the proposed new policy titled, "Derivative Debt Management Policy, #6146."

Division representatives have reviewed current laws and policies to come to a consensus as to policy language.  Information has been provided and discussed with School Board members at individual meetings on July 15 (2 meetings), July 29, August 4, August 5, and August 7, 2014 (2 meetings).

Upon approval and after proper advertisement, the Board will be requested to formally approve this policy.  The Superintendent recommends approval of this policy and publication of the Board's notice of intent to adopt this policy.

STRATEGIC OBJECTIVES
• Align financial resources to support the district’s strategic goals • Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)
The cost of advertising the notice of intent is approximately $800.
EVALUATION
SUBMITTED BY: 
Gretchen Saunders   Lewis A. Brinson, Ed.D.
Chief Business Officer
(813) 272-4270
  Assistant Superintendent, Administration
(813) 272-4071
    A 6.10
Hillsborough County Public Schools (Florida) * Mtg.#20140812_638 (Board Meeting) * Section A Item# 6.10