Item Coversheet

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December 12, 2023 Board Meeting
Agenda Item 57.

Title
APPROVAL OF NEW SCHOOL BOARD POLICY FINANCIAL ADVISORY COMMITTEE

Description

School Board Policy- New Policy Financial Advisory Committee policy - has been created and advertised to comply with HB 1521 and new FL Department of Education rule

       Policy is drafted to provide transparency into the construction, roles, and responsibility of the Financial Advisory Committee

       Drafted to closely mirror the Audit Committee policy

       Needed based on ballot language for millage



Gap Analysis

This policy has been created to comply with ballot language for millage assessment.



Previous Outcomes 

This is a new policy.



Expected Outcomes 

Once adopted, this policy will provide transparency into the roles and responsibilities of the Financial Advisory Committee.



Strategic Plan Goal

Recommendation

That the Board adopt this policy.



Contact Information

CHRIS PARENTEAU   chris.parenteau@sarasotacountyschools.net

BONNIE PENNER   bonnie.penner@sarasotacountyschools.net



Financial Impact


ATTACHMENTS:
DescriptionUpload DateType
Financial Advisory Committee Policy11/16/2023Cover Memo