Title: Superintendent's Annual Financial Report

Recommendation:
I recommend the School Board to accept the Superintendent's Annual Financial Report for Fiscal Year 2005-2006, to be submitted to the Commissioner of Education.

Description:

The Florida Department of Education (DOE) requires that school districts submit an Annual Financial Report  for each year.  Attached is the Superintendent's Annual Financial Report (SAFR) to the Commissioner of Education for the year ended June 30, 2006.  The due date for submission of this report is September 11, 2006.  The SAFR has been issued in full compliance with the Governmental Accounting Standards Board Statement number 34 (GASB 34).

Financial Impact:

The total expenditures reported for all governmental funds for fiscal year 2005-2006 is: $2,092,069,187.75 

For Additional Information, contact:

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

Martin V. Arroyo arroyom@palmbeach.k12.fl.us

Attachments (list):
safr2006.pdf