Attachment A

 

Appropriation #2007062                                                                                                                          $ 9,334.00

 

            Revenue Source:                        Local Revenues (Proffer)                          $   9,334.00

 

The Greenbrier Office Park provided proffered funds in the amount of $9,334.00 to be used toward the Minor Ridge/Wynridge drainage improvement project.                                                                                                                            

 

Appropriation #2007063                                                                                                                         $22,993.43

 

            Revenue Source:                        Local Revenues (Donations/Grants)         $   4,200.00

                                                            Federal Revenues                                  $ 18,793.43

 

At its meeting on February 22, 2007 the School Board approved the following appropriation requests:                                                           

Red Hill Elementary School received a donation in the amount of $2,000.00 from an anonymous donor.  It has been requested that this donation go towards defraying the costs for the 5th grade trip to Jamestown/Yorktown on April 19th and 20th

 

Stony Point Elementary School received two donations.  Samís Club donated $500.00 and the Stony Point PTO donated $1,700.00.  Samís Club has requested that their donation be used for any instructional needs at Stony Point.  The Stony Point PTO has requested that their donation be used for visiting artists at Stony Point Elementary School.

 

Title V, Part A provides formula grants to State and local education agencies and is designed to increase the academic achievement of, and improve the quality of education for, all students.  Funding for FY06/07 from the state was increased by $622.68 from the original budget amount of $13,476.  There is also a state fund balance in the amount of $1,218.32 from FY05/06 and may be reappropriated for FY06/07.  The funds will be used to purchase educational materials.

 

Title III is a federally funded program designed to improve student learning by states and districts as part of a comprehensive approach to close the achievement gap especially between children who are limited English proficient and their peers.  There is a fund balance retained by the state in the amount of $16,952.43 from FY05/06 and may be reappropriated for FY06/07.  The funds will be used to pay salaries, benefits and purchase educational materials.

 

Appropriation #2007064                                                                                                                            $ 6,000.00

 

            Revenue Source:                        Local Revenues (Proffer)                $ 6,000.00

 

Funds in the amount of $6,000.00 have been received from the Hollymead Town Center Area D proffer.  These funds will be used for the 29N Corridor Study.

 

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