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o~q <br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. III. I. <br />_ Information <br />Meeting Date: August 17, 2009 _Action Item <br />XX Consent Agenda <br />SUBJECT: Applications for Lottery funds <br />DEPARTMENT: Finance <br />CONTACT PERSON: Lisa G. Minter, Finance Director <br />REQUEST: Approval of joint applications from Lee County Board of Education <br />for Lottery funds <br />SUMMARY: The FY 2009-10 budget includes $1,000,000 of lottery proceeds. <br />The Lee County Board of Education has prepared the applications <br />to draw $1,451,000 of Lottery proceeds. A list of the projects is <br />attached. At this time, the unallocated lottery proceeds total <br />$218,018.97. Per the Department of Public Instruction, the <br />applications will be funded as additional lottery proceeds are <br />distributed by the State. When projects in excess of the $1,000,000 <br />budgeted are approved, a budget amendment will be done to <br />increase the funding in the budget. <br />BUDGET IMPACT: N/A <br />ATTACHMENT(S): (1) Listing of Lottery funded projects <br />(2) Public School Building Capital Fund - Fiscal Year Totals - ADM <br />and Lottery Fund Report for Lee County <br />Note: Copies of the applications and supporting documents <br />are available in the Clerk's Office for review. <br />PUBLIC HEARING: N/A <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Approve the applications for Lottery proceeds as presented <br />