Sarasota County Schools
Agenda Item #34
Title
APPROVAL OF GENERAL FUND BUDGET AMENDMENT NUMBER FIVE AND CAPITAL PROJECTS FUNDS BUDGET AMENDMENT NUMBER SIX
Description
The Charter School distribution of State funds has always gone through the General Operating Fund. The State has always had a formula to distribute both Charter School Capital and F.E.F.P. funds through the Operating Fund. Effective with last school year, the State now wants the Capital allocation to go through the Capital Fund with a transfer to the Operating Fund. The attached budget amendments reflect this change.
Recommendation
That the General Fund Budget Amendment Number Five and the Capital Projects Funds Budget Amendment Number Six be approved as presented.
Contact
WHITE & CORCORAN/WEIDNER
Financial Impact
N/A
Attachment: 2008 Final BA 10.21.08.pdf