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fj <br />LEE CO <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. II. D. <br />Information <br />Meeting Date: November 14, 2011 Action Item <br />- 5X Consent Agenda <br />SUBJECT Applications for Lottery Funds <br />DEPARTMENT Finance <br />CONTACT PERSON Lisa G. Minter, Assistant County Manager /Finance Director <br />REQUEST Approval of joint applications from Lee County Board of Education <br />for Lottery funds <br />SUMMARY The FY 2011 -12 budget includes $676,500 of lottery proceeds. The <br />Lee County Board of Education has prepared the applications to <br />draw $610,000 of Lottery proceeds for two projects, replacement of <br />HVAC in the upper and lower buildings at Floyd L. Knight and <br />replacement of two chillers at B.T. Bullock. At this time, the <br />unallocated lottery proceeds total $323,686.31. Per the Department <br />of Public Instruction, the applications will be funded as additional <br />lottery proceeds are distributed by the State. <br />BUDGET IMPACT N/A <br />ATTACHMENT(S) (1) Public School Building Capital Fund — Fiscal Year Totals — ADM <br />and Lottery Fund Report for Lee County <br />(2) Estimated Lottery Distribution Report for FY 2011 -12 <br />(3) Lottery applications <br />PUBLIC HEARING No <br />PRIOR BOARD ACTION N/A <br />RECOMMENDATION Approve the applications for Lottery proceeds as presented <br />