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Sarasota County Schools
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 6:30 p.m.
March 1, 2016 Board Meeting
Agenda Item #25


Title
APPROVAL OF THE SUPERINTENDENT'S FINANCIAL STATMENTS FOR THE MONTH ENDING JANUARY 31, 2016

Description
The Superintendent's Financial Statements for the month ending January 31, 2016 does not reflect any unexpected trends for the 3rd quarter of the 2015-2016 fiscal year. Beginning December 2015, premiums for health insurance began to be deposited into the Internal Service Fund for the transition to self-insured. 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 Board approve the Superintendent's Financial Statements for the month ending January 31, 2016 as presented.

Contact
WHITE & CORCORAN

Financial Impact
N/A


Attachment:  Jan 15-16 supers.pdf
Attachment:  Jan 2016 Budget Supers.pdf