Title: Budget Amendments - Final - FY 2006

Recommendation:
I recommend the School Board approve the following budget amendments for FY 2006.

Description:

These amendments reflect the final budget adjustments for FY 2006.

1.                  General Fund

2.                  Debt Service Funds

3.                  Capital Projects Funds

4.                  Special Revenue Funds – Food Services

5.                  Special Revenue Funds – Other Federal Programs

6.                  Internal Service Fund - Maintenance

Financial Impact:
The financial impact to the General Fund is an increase of $22,516,813. The financial impact to the Debt Service Funds is a decrease of $414,926. The financial impact to the Capital Projects Funds is an increase of $37,465,799. The financial impact to the Special Revenue Funds - Food Services is an increase of $588,944. The financial impact to the Special Revenue Funds - Other Federal Programs is an increase of $55,996. The financial impact to the Internal Service Fund - Maintenance is a decrease of $490,383. These funds have been appropriated in reserve, school, and department budgets. Appropriations in all funds have been amended to direct resources where needed.

For Additional Information, contact:

Joseph M. Moore (moorej@palmbeach.k12.fl.us)

Michael J. Burke (burkem@palmbeach.k12.fl.us)

Attachments (list):
June 2006 Amendments.pdf
Q&ABdgtAmend.doc