FINA ANCIAL SUMMARY Y FOR FL LUVANNA A COUNT TY SCHOO OL BOAR RD Datte: April 9, 9 2014 Exp penditures..
High hlights: 1. Mu unis softwarre project upd date – agree ement accepttable for sign nature. Awa aiting County y signature o of their contract with w Tyler Tec chnologies to execute fo or Schools. 2. Fin nance Deparrtment staff attended a a re egional meetting of The L Local Choice e program in Harrisonburrg March 20, 2014. 3. Go overnor McA Auliffe signed d HB5001 (th he Caboose Bill B for FY 20 014). This in combination n with the reported Marc ch ADM (due e April 18, 2014) will indic cate what fina al FY 2014 e ntitlements a are from the State. 4. PR REP initial re eimbursemen nt run out cla aims through h February 2 26 and FY 2014 Admin fee es have been n received and depos sited. 5. Th he PREP FY 2015 2 MOA is s on the agen nda for appro oval. It inclu udes the additional $11,000 to cover o our actual projected expense for the year. 6. FY Y 2015 Budge et development continue es.
Reve enue
The n negative amo ount shown for f Local (Other) Unrealiz zed balance indicates mo ore income tthan predicte ed.
eb 0 04/08/2014
1
Supp plemental appropriat a tions.
cted Revenu ue Shortfall due d to ADM (based ( on HB B5001 as ado opted) Projec ADM Diffferential to CABO OOSE Bill [HB5001] ($ value)
Budgete ed Actual se) (Caboos Differen nce
Aug-13 18,647,11 16
Sep-13 18,647,116
Oct-13 18,647,116
Nov-13 18,647,116
Dec-13 D 18,647,116
Jan-14 18 8,647,116
Feb-1 14 18,64 47,116
Mar-14 18,647,,116
18,381,22 25
18,426,287
18,428,263
18,413,699
18,410,831
18 8,386,696
18,39 97,790
18,391,,550
-218,853
-233,417
-236,285
-260,420
-24 49,326
-255,,566
-265,89 91
eb 0 04/08/2014
-220,829
Apr-14 18,647,11 16
May-14 18,647,116
2
