Title: B1 Budget Amendments – November 2005

Recommendation:

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

Description:

These amendments reflect all budget adjustments for the month of November 2005.

1. General Fund

2. Capital Projects Funds

3. Special Revenue Funds – Other Federal Programs

Financial Impact:
The financial impact to the General Fund is an increase of $2,121,207. The financial impact to the Capital Projects Funds is an increase of $773,488. The financial impact to the Special Revenue Funds - Other Federal Programs is a decrease of $9,751,552. 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):
November 2005 Amendments.pdf
Q&AB1.doc
Q&AB1.doc
Audit KPMG Budg Variances FY05.pdf