Sarasota County Schools
Agenda Item #36
Title
APPROVAL OF THE SUPERINTENDENT'S FINANCIAL STATEMENTS FOR THE MONTH ENDING JULY 31, 2014
Description
The Superintendent's Financial Statements for the month ending July 31, 2014 does not reflect any unexpected trends for the first quarter of the 2014-2015 fiscal year. The negative trend in the General Fund will continue until approximately November when property taxes are received. Expenditures are anticipated to exceed revenues at year end in the General Fund because of the use of unassigned fund balance included in the adopted budget.
Recommendation
That the Superintendent's Financial Reports for the month ending July 31, 2014 be approved by the Board as presented.
Contact
WHITE & CORCORAN
Financial Impact
N/A
Attachment: July 14-15 supers.pdf