C6.02 - 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 (Finance Division)

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. 

The Superintendent's AFR (ESE 145) and the Statements of Revenues and Expenditures for all funds with required schedules (ESE 348) are required to be submitted to FLDOE prior to the district audit. 

Hillsborough County Public Schools has consistently met the deadlines prescribed in law and the ledgers are open and ready for school district financial statements audit, operational, financial and federal audits of 2019/2020.

Once approved, our completed financial reports are sent electronically to the Florida Department of Education in accordance with rule 6A_1.0071, F.A.C. (section 1001.51(12)(b), F.S.)

* Establish a strong foundation of financial stewardship

Approval of the June 30, 2020, AFR (ESE 145 and ESE 348)

Stephanie Heaton, Manager, District Accounting, stephanie.heaton@hcps.net, (813) 272-4292

There are no expenses associated with this agenda item due to it being submitted digitally.