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Two (2) amendments to the 2008 – 2009 fiscal year budget are presented for the Board’s consideration.

General Purpose School Fund – $102,443 to account for an increase in state revenues to pay a one-time state bonus for all licensed personnel, along with the related expenditures.
General Purpose School Fund – $4,745 to account for an increase in salary in the Alternative School Program. These funds are being transferred from the Special Education Program.

I recommend approval of the amendments to the 2008 – 2009 fiscal year budget for the General Purpose School Fund.

Obion County Board of Education March 2, 2009	Agenda Item: VII.A.

Consider/Approve Amendments to the General Purpose School Fund

Background Information: Two (2) amendments to the 2008 – 2009 fiscal year budget are presented for the Board’s consideration. General Purpose School Fund – $102,443 to account for an increase in state revenues to pay a one-time state bonus for all licensed personnel, along with the related expenditures. General Purpose School Fund – $4,745 to account for an increase in salary in the Alternative School Program. These funds are being transferred from the Special Education Program. Staff Recommendation: I recommend approval of the amendments to the 2008 – 2009 fiscal year budget for the General Purpose School Fund.