Title: Reallocation of Capital Class Size Reduction Funds

Recommendation:

I recommend the School Board approve the revised encumbrance authorizations for the FY 2004, 2005, 2006 and 2007 Classroom Size Reduction funds as well as the remaining Classrooms First and K-3 Class Size Reduction funds and authorize the Superintendent and the School Board Chairman to execute all necessary documents to access State funding.

Description:

1. The Department of Education Requires that the School Board approves any adjustment of capital class size reduction funds.

2. This action reallocates the monies between previously approved Class size reduction projects budgets based on awarded contracts.

3. This action also reallocates the residual Classrooms First ($203,479.28) and K-3 Class Size Reduction ($184,985.32) monies to the CSR project at Sandpiper Shores Elem. 

Financial Impact:

None.  This action reallocates monies between Class Size Reduction projects.

For Additional Information, contact:

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

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

Leanne Evans (evansl@palmbeac.k12.fl.us) 

Attachments (list):
CSR Summary of Changes2007-04-04.pdf
CSR Summary 2007-04-04.pdf