02.11.2011 Regular School Board Meeting - Fluvanna County ...

FLUVANNA COUNTY PUBLIC SCHOOLS
INTEROFFICE MEMORANDUM
TO:
FROM:
SUBJECT:
GENA KELLER, SUPERINTENDENT
EDWARD BRESLAUER, DIRECTOR OF FINANCE
SCHOOL BOARD AGENDA ITEM X.22.D UPDATE ON THE FY 2011BUDGET
DATE: 2/4/2011
CC:
MAURICE CARTER, ASSISTANT SUPERINTENDENT; TOM PATRICK, CLERK OF THE BOARD;
ALLEN COOK, DIRECTOR OF ELEMENTARY EDUCATION; BRENDA GILLIAM, DIRECTOR OF
SECONDARY EDUCATION; KAREN DECKER, DIRECTOR OF SPECIAL EDUCATION; FILE
COPY
In addition to looking for lagging expenditure lines we are examining revenues
that appear to be behind as well. The increased scrutiny has resulted in
correspondence and contact with Richmond to adjust accounts. Most recently
we were able to utilize some expiring federal State Fiscal Stabilization Fund (SFSF)
Basic Aid dollars to pay for the December 2010 one – time
restoration/supplement payments to non – Ed Jobs eligible employees.
We are continuing to look at how the Governor’s Proposed Budget Amendments
might affect us this Fiscal Year.