Title and Board Action Requested
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Approve Fiscal Year 2022-2023 Budget Amendment No. 3 for Quarter Ending March 31, 2023
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Executive Summary
The Director of Budget, on behalf of the Superintendent of Schools, hereby requests the Board's approval for Fiscal Year 2022-2023 Budget Amendment No. 3 for Quarter Ending March 31, 2023. This amendment is certified to be correct by the Finance Department.
* General Fund
Estimated revenues were adjusted for collections received during the quarter. Estimated Federal Direct Sources increased $5,699 from the Reserve Officer Training Corps (ROTC) reimbursement.
Estimated revenues from State Sources increased $11,435 due to an adjustment with our DJJ-PACE revenue. Workforce Education Performance Incentive revenue increased $16,829. Revenue reimbursement for the VPK program increased by $173,086. Miscellaneous State revenue increased a total of $169,234. The Transportation Department received grant funding for the Driving Choice Grant in the amount of $121,234. The remaining balance of $27,000 was the collection of the revenue earned by the first cohort group of teachers taking the CIVICS Seal of Excellence Course. Educators who participate and complete this course earn a stipend of $3,000 each.
Estimated revenues from Local Sources increased $1,246,953 based on collections from multiple sources. Tax redemptions and rental income received totaled $20,644; Interest income was $694,149; Adult Education revenue totaled $149,497 from multiple revenue sources; Gifts and Grants totaled $1,866; and Miscellaneous Local revenue increased by $380,798. From these local sources, the District received $150,000 from Florida Blue for our Wellness program, $51,000 from the VPK program at Chocachatti Elementary School, $16,000 from the Early Learning Coalition, $87,091 collected in cell tower rental and $20,919 in reimbursement from PHSC for the Coordinator of Pathway Success. Other miscellaneous revenue sources were from Use of F...
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