Business Action Item

DATE:	Tuesday, June 14, 2011
TO:	School Board Members
FROM:	MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Approve Continuation Budget for 2011/2012 Fiscal Year for Ordinary Expenditures Such as Salaries, Teaching Supplies, Utilities, Debt Service Payments, Approved Capital Outlay Projects, and the Student Nutrition Program (Business Division)
EXECUTIVE SUMMARY
Section 1011.08, Florida Statutes, provides that during the period of July 1, to the date the tentative budget becomes official, the Board is authorized to approve the continuation budget for ordinary expenditures, including salary payments, necessary to continue the operation of the district.
STRATEGIC OBJECTIVES
• Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)
The continuation budget will allow the district to operate until the final budget is approved.
EVALUATION
SUBMITTED BY:  Susan Garcia, Manager of Services and Support, Budget

		Gretchen Saunders
		Chief Business Officer (813) 272-4270
		A 5.04
Hillsborough County Public Schools (Florida) * Mtg.#20110614_461 (Board Meeting) * Section A Item# 5.04