Title: B1 Budget Amendments - March 2007

Recommendation:

I recommend the School Board approve the following budget amendments for FY 2007.

Description:

These amendments reflect all budget adjustments for the month of March 2007.

1.                  General Fund

2.                  Capital Projects Funds

3.                  Special Revenue Funds – Other Federal Programs

4.                  Internal Service Funds - Maintenance

Financial Impact:
The financial impact to the General Fund is an increase of $865,207. The financial impact to the Capital Projects Funds is a decrease of $41,090,534. The financial impact to the Special Revenue Funds - Other Federal Programs is an increase of $2,951,162.  The financial impact to the Internal Service Funds – Maintenance is an increase of $73,209. 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):
March 2007 Amendments.pdf
Q&AB1.doc