Title: FM5 Budget Amendments – December 2004

Recommendation:
I recommend the School Board approve the following budget amendments for FY 2005.

Description:

These amendments reflect all budget adjustments for the month of December 2004.

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 a decrease of $2,251,379. The financial impact to the Debt Service Funds is an increase of $1,357,147. The financial impact to the Capital Projects Funds is an increase of $355,785,927. The financial impact to the Special Revenue Funds – Food Services is an increase of $13,648. The financial impact to the Special Revenue Funds - Other Federal Programs is an increase of $2,620,168. The financial impact to the Internal Service Fund – Maintenance is an increase of $591,262. 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):
December 2004 Amendments.pdf