Sarasota County Schools
Agenda Item #32
Title
APPROVAL OF THE SUPERINTENDENT'S FINANCIAL STATEMENTS FOR THE MONTHS ENDING JULY 31, 2010 AND AUGUST 31, 2010
Description
The Superintendent's Financial Statements for the months ending July 31, 2010 and August 31, 2010, do not reflect any unexpected trends at this early period in the 2010-2011 fiscal year. The negative trend in the General Fund will continue until approximately November when property taxes are received, as is seen every year. However, the deficit will increase because of the budgeted decrease in fund balance in the General Fund due to continuing State cuts and decreases in local revenue.
Recommendation
That the Superintendent's Financial Statements for the months ending July 31, 2010 and August 31, 2010, be approved as presented.
Contact
WHITE & CORCORAN/PEASLEE
Financial Impact
N/A
Attachment: July 2010.pdf
Attachment: August 2010.pdf