Sarasota County Schools
Agenda Item #40
Title
APPROVAL OF THE BUDGET AMENDMENT NUMBER ONE CAPITAL OUTLAY FUND
Description
The Capital Outlay Fund Budget Amendment number one is transferring $2.75 million from the restricted for future capital projects account into North Port SCTI $2.1 million and $650,000 into the Fruitville Elementary new building account. After transfer of the $2.75 million, the restricted for future capital projects account has a balance of $8,952,855 or 10.61% of capital millage and sales tax revenues. Additional information is in the attachment.
Recommendation
That the Capital Outlay Fund Budget Amendment Number One for the fiscal year 2014-2015 be approved by the Board as presented.
Contact
WHITE & CORCORAN/WEIDNER
Financial Impact
N/A
Attachment: Capital Outlay Fund Budget Amendment Number One.pdf