e|agenda.NET Sarasota County Schools |
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 P. M. |
Agenda Item #40 Title APPROVAL OF SUPERINTENDENT'S FINANCIAL STATEMENT FOR THE PERIOD ENDING FEBRUARY 28, 2007 Description The General Fund is showing a favorable trend in expenditures; however, the property tax revenues are still coming in at a 2.5% slower pace than last year. The "Fourth FEFP Calculation" should be released by the Department of Education within the next three weeks and that will be the last adjustment for this fiscal year on the FEFP and State Categorical grants. Through February; however, the General Fund will be within the Budget as amended, and it is not anticipated that there will be any negative trends for the remainder of this fiscal year. Salaries and Fringe Benefits will come in below the budget at the end of the fiscal year. Recommendation #40-That the Superintendent's Financial Statement for the period ending February 28, 2007, be accepted as presented. Contact LEMPE & MONSON Financial Impact N/A Attachment: Februarysuper.pdf |