Hillsborough County Public Schools Facilities
Action Item

DATE: Tuesday, April 21, 2009
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

Approve Expenditure for Matching Funds Project at
Bay Crest Elementary School

EXECUTIVE SUMMARY

The matching funds program was established in 2001-02 by the Superintendent to assist schools and their partners in raising funds for school improvements by matching dollars in any amount up to $50,000. On January 22, 2004, a committee composed of representatives from the County Council PTA, elementary, middle, and high school principals, students, teachers, and the Facilities Division met to review the procedures approved by the Board on October 15, 2002. Revisions to program procedures were recommended and approved by the Board on March 9, 2004, and were effective for the 2004-05 fiscal year. (Criteria - Attached)

District matching funds are requested for the completion of the project budget at Bay Crest Elementary School for a playcourt shade structure.

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

All Strategic Objectives

FINANCIAL IMPACT (Budgeted: Yes)

Total project expenditure is $54,500 ($15,000 District's contribution, $39,500 school's contribution) for Bay Crest Elementary School. The District is matching the maximum of $50,000 per school, per three year period. Expenditures are funded as follows: a minimum contribution of 50% of the project cost from the school and the balance from 2 Mill matching funds, not to exceed $50,000.

EVALUATION

SUBMITTED BY: Gwen Christensen, Accountant



Cathy L. Valdes
Chief Facilities Officer
(813) 272-4004
A 6.05
Hillsborough County Public Schools (Florida) * Mtg.#20090421_348 * Section A Item# 6.05