Sarasota County Schools
Agenda Item #34
Title
APPROVAL OF THE SUPERINTENDENT'S FINANCIAL STATEMENTS FOR THE MONTH ENDING JANUARY 31, 2011
Description
The Superintendent's Financial Statements for the month ending January 31, 2011, do not reflect any unexpected trends at the midpoint of the 2010-11 fiscal year. The Food Service Fund shows a decrease in revenue of 2.49% year-to-date, with the largest percentage decrease in the funds received from the State. The money the District receives through the Free and Reduced Meals Program has remained steady, with only a 0.28% decrease from the year before. In the Special Revenue Fund, revenue from Federal Through State has decreased over 6.50%. This is due to money received from the Stimulus and the American Recovery and Reinvestment Act already being reduced in the current year. The money received from local grants has increased over 41%.
Recommendation
That the Superintendent's Financial Statements for the month ending January 31, 2011, be approved as presented.
Contact
WHITE & CORCORAN/PEASLEE
Financial Impact
N/A
Attachment: Jan Report Attachment.pdf
Attachment: January 2011.pdf