e-agenda.NET
Special Meeting 9-05-12
Agenda Item #29


Title
FM1 Budget Amendments - Final FY 2012 Amendments

Description

These amendments reflect the final budget adjustments for FY 2012.

1. General Fund

2. Debt Service Fund

3. Capital Projects Fund

4. Special Revenue Fund - Food Service

5. Special Revenue Fund - Other Federal Programs

6. Special Revenue Fund - Targeted ARRA Stimulus

7. Special Revenue Fund - Other ARRA Stimulus

8. Special Revenue Fund - Education Job Fund Act

9. Internal Service Fund



Recommendation

I recommend the School Board approve the following final budget amendments for FY 2012.



My Contact

Michael J. Burke (Mike.Burke@palmbeachschools.org)

Shirley Knox (Shirley.Knox@palmbeachschools.org)

 



Financial Impact

The financial impact to the General Fund is an increase of $23,592,771. The financial impact to the Debt Service Fund is an increase of $122,109,373. The financial impact to the Capital Projects Fund is an increase of $2,517,503. The financial impact to the Special Revenue Fund - Food Service is a decrease of $3,503,748. The financial impact to the Special Revenue Fund - Other Federal Programs is a decrease of $1,731,455. The financial impact to the Special Revenue Fund - Other ARRA Stimulus is an increase of $73,500. The financial impact to the Internal Service Fund is an increase of $1,884,088. The remaining funds had no financial impact. These funds have been appropriated in reserve, school, and department budgets. Appropriations in all funds have been amended to direct resources where needed.




Attachment:  Year-End 2012 Amendments.pdf