Business Services Action Item

DATE:	Tuesday, January 14, 2020
TO:	School Board Members
FROM:	Jeff Eakins, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the Popular Annual Financial Report (PAFR) for the Fiscal Year ended June 30, 2019 (Business Services Division)
EXECUTIVE SUMMARY
The PAFR is in addition to the district’s audited financial statements, the Comprehensive Annual Financial Report. This report summarizes financial activities and is intended to create an awareness of the financial operations in our district and provide transparency to the community. Last year, the PAFR was submitted to the Government Financial Officers Association (GFOA) for evaluation of the Award for Outstanding Achievement in Popular Annual Financial Reporting. This was the second year the PAFR received this award.
STRATEGIC OBJECTIVES
• Establish a strong foundation of financial stewardship
FINANCIAL IMPACT (Budgeted:  Yes)
The district’s Central Printing shop will provide the cover, paper, printing, and binding of this report at a cost of $270. The cost to submit the PAFR to GFOA is $225. The funds for these costs are available in the Accounting Department’s budget.
EVALUATION
SUBMITTED BY:  Stephanie Heaton, Manager, District Accounting

Stephanie Heaton		Gretchen Saunders
Manager, District Accounting (813) 272-4292		Chief Business Officer (813) 272-4270
		C 6.04
Hillsborough County Public Schools (Florida) * Mtg.#20200114_977 (Board Meeting) * Section C Item# 6.04