e|agenda.NET Sarasota County Schools |
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 6:30 p.m. |
Agenda Item #32 Title APPROVAL OF THE SUPERINTENDENT'S FINANCIAL STATEMENTS FOR THE MONTH ENDING OCTOBER 31, 2013 Description The Superintendent's Financial Statements for the month ending October 31, 2013 does not reflect any unexpected trends for the second quarter of the 2013-2014 fiscal year. The negative trend in the General Fund will continue until approximately December when property taxes are received and increase substantially from the prior month due to the retroactive salary increases paid on October 31st. A deficit will remain in the General Fund because of the anticipated use of unassigned fund balance included in the adopted budget. Recommendation That the Board approve the Superintendent's Financial Report for the month ending October 31, 2013 as presented. Contact WHITE & CORCORAN Financial Impact N/A Attachment: October 2013 Supers Financial Report.pdf Attachment: October 2013 Budget Supers Financial Report.pdf |