Business Services Item

DATE:	Tuesday, September 8, 2020
TO:	School Board Members
FROM:	Addison Davis, Superintendent
SUBJECT / RECOMMENDATIONS
<p>Approve the Annual Financial Report (AFR), Formerly Known as the Superintendent's Annual Financial Report, to the Commissioner of Education for Fiscal Year Ended June 30, 2020 (<em>Finance Division</em>)</p>
EXECUTIVE SUMMARY
<p>The two unaudited financial reports in the AFR (ESE 145 and ESE 348) are required by law to be submitted to the Florida Department of Education (FLDOE) no later than September 11, 2020. At the conclusion of the audit, the Comprehensive Annual Financial Report (CAFR), which contains supplemental statistics and introductory information, will be completed and presented to the Board. Pending approval, the CAFR will be forwarded to the review panel of the respective professional association.&nbsp;</p>
STRATEGIC OBJECTIVES
<p>• Establish a strong foundation of financial stewardship</p>
FINANCIAL IMPACT (Budgeted:  No)
EVALUATION
SUBMITTED BY:  Stephanie Heaton, Manager, District Accounting, stephanie.heaton@hcps.net, (813) 272-4292

		Gretchen Saunders
		Chief Financial Officer (813) 272-4270
		C 6.02
Hillsborough County Public Schools (Florida) * Mtg.#20200908_1009 (Board Meeting followed by Public Hearing) * Section C Item# 6.02