The Capital Outlay Fund Budget Amendment Number Two is decreasing ending gross fund balance as of June 30, 2012 from $24,3677,536 to $22,694,002.  The net decrease of $1,683,534 is related to placing funds into the Sarasota High School project.  The major composition of the Special Revenue Fund Budget Amendment Number Two is project carry forwards that have been received since the first budget amendment approved in February 2012.

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