Business
Information Item |
DATE: | Tuesday, May 17, 2011 |
TO: | School Board Members |
FROM: | MaryEllen Elia, Superintendent |
SUBJECT / RECOMMENDATIONS | |
Monthly Financial Position Reports as of April 30, 2011 (Business Division) | |
EXECUTIVE SUMMARY | |
The 2010/2011 fiscal year budgets were adopted on September 7, 2010. The attached reports show revenues earned and funds expended through the period ended April 30, 2011. The projected ending fund balances are the difference between anticipated revenues and expenditures. | |
STRATEGIC OBJECTIVES | |
• Align financial resources to support the district’s strategic goals • Demonstrate best financial practices | |
FINANCIAL IMPACT (Budgeted: Yes) | |
Fund balances for June 30, 2011 are subject to change based on additional revenue or expenditures not included in the current budgets. | |
EVALUATION | |
The monthly financial positions are consolidated and reflected in the year-end financial statements, which are audited annually by independent external auditors as prescribed by law. The Board will receive the audit reports when they are completed. The time of completion will vary based upon the activities of the auditors. | |
SUBMITTED BY: Susan Hinson, Senior Fiscal Analyst, Budget Department |
Susan Garcia | Gretchen Saunders | |
Manager of Services and Support, Budget (813) 272-4064 |
Chief Business Officer (813) 272-4270 |
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A 9.01 | ||
Hillsborough County Public Schools (Florida) * Mtg.#20110517_459 (Board Meeting) * Section A Item# 9.01 |