Business
Information Item |
DATE: | Tuesday, November 17, 2015 |
TO: | School Board Members |
FROM: | Jeff Eakins, Superintendent |
SUBJECT / RECOMMENDATIONS | |
Monthly Financial Position Reports as of October 31, 2015 (Business Division) | |
EXECUTIVE SUMMARY | |
The 2015/2016 fiscal year budgets were adopted on September 8, 2015. The attached reports show revenues earned and funds expended through the period ended October 31, 2015. The projected ending fund balances are the difference between anticipated revenues and expenditures.
Fund balances for June 30, 2016, are subject to change based on additional revenue or expenditures not included in the current budgets. |
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STRATEGIC OBJECTIVES | |
• Align financial resources to support the district's strategic goals | |
FINANCIAL IMPACT (Budgeted: Yes) | |
See attached report. | |
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: Kristen Holmes, Senior Fiscal Analyst |
Susan Garcia | Gretchen Saunders | |
Manager of Services and Support, Budget (813) 272-4064 |
Chief Business Officer (813) 272-4270 |
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C 10.02 | ||
Hillsborough County Public Schools (Florida) * Mtg.#20151117_705 (Reorganization/Board Meeting) * Section C Item# 10.02 |