Title and Board Action Requested
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Approve the amendment to the Master Commercial Card Agreement with J.P. Morgan for the implementation and servicing of the district-wide purchasing card program.
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Executive Summary
The Assistant Superintendent of Business Services & Operations, on behalf of the Superintendent of Schools, hereby requests the Board approve the amendment to the Master Commercial Card Agreement with J.P. Morgan for the implementation and servicing of the District-wide purchasing card program.
This amendment removes Section 4.B.iii of Exhibit 1 of the Master Agreement, which eliminates the requirement of automatic debit payments from the District to the bank.
The Master Commercial Card Agreement was Board approved on August 11, 2026, No. 27-3988.
My Contact
Steve Crognale
Assistant Superintendent of Business Services & Operation
(352) 797-7063
2023-28 Strategic Focus Area
Priority 5: Fiscal Transparency and Capital Planning
Financial Impact
See attached budget sheet.
If expenditure is not currently budgeted, this will serve as the budget amendment when Board approved. If the agenda item includes the purchase of goods or services, the funds requested are an anticipated amount and may fluctuate depending on such factors as current market conditions, product availability, additional funding sources, and the needs of the District. Should the actual cost exceed the anticipated amount, the Board approves the additional cost, after review by the superintendent, but not in excess of the funds available in the site’s approved annual budget.