Board Agenda - June 27, 2006
b. Final Amended Budget for 2005-06
Presenter: Richard Matkin
Purpose: A - Request decision - closure required
Time: No time limit
Description:
Attachments:
- Recommended 2005-06 Final Budget Amendments for June 27, 2006
- General Fund Adopted Budget with June 27, 2006 Final Amendments
- General Fund Actual Expenditures thru June 21, 2006
Other Funds Activity:
- Fund 240 - Food and Nutritional Services - Net Positive Impact of $ 1,028,233 to Fund Balance.
Final budget allocations are projected so that no function is over budget which would result in a
deficiency on the District's School FIRST financial accountability rating report.
- Fund 469 - Local Donations
Recognize revenue and associated expenditures from PISD Education Foundation $1,100 and
Texas A&M Science Foundation $1,000 for a total of $2,100.
-Fund 498 - Counselor Training
Recognize revenue and associated expenditures from PISD Education Foundation - $5,000.
- Fund 489 - Special Education Program Fund:
Recognize revenue and associated expenditures from sale of curriculum - $ 99.
-Fund 513 - Interest & Sinking Fund -
Net Negative Impact of $ 870,972
- Net revisions due to (1) lower estimated revenue projection by $243,210 and (2) increased expense projection of $627,762.
Recommendation:
Staff recommends aspproval of these Budget Amendments.
Business Impact:
General Fund Balance Positive impact of $ 10,940,800.81.
Final budget amendments requested include the maximum anticipated expenditures for any one function.
Final budget allocations are projected so that no function is over budget which would result in a deficiency on the
District's School FIRST financial accountability rating report.
Summary:
Appendix:
Amendments
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