Hillsborough County Public Schools Business
Action Item

DATE: Tuesday, June 9, 2009
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

Approve Discretionary Lottery Reports (Business Division)

EXECUTIVE SUMMARY

The 1996 Florida Legislature adopted an amendment to Section 24.121, Florida Statutes, requiring local school districts to make available to the public a quarterly report displaying discretionary lottery revenue and expenditures. For the period ended March 31, 2009, the School District expended $481,729. Lottery funds are used to:
  1. provide student instruction BEYOND 5 HOURS a day,
  2. support the School Improvement Program partially funded by stated "categorical" revenue,
  3. develop and implement school improvement plans and,
  4. enhance existing funding to charter schools in Hillsborough County.
(Lottery revenue is based on the Florida Education Finance Program Calculation data).

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

* Demonstrate best financial practices

FINANCIAL IMPACT (Budgeted: Yes)

The district has expended lottery dollars for the quarter ended March 31, 2009, as shown on the attached report.

EVALUATION

SUBMITTED BY:

Susan Garcia
Manager of Services and Support
(813) 272-4064
Gretchen Saunders
Chief Business Officer
(813) 272-4270
A 5.04
Hillsborough County Public Schools (Florida) * Mtg.#20090609_352 * Section A Item# 5.04