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(,1J <br />LEE COU <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: October 1, 2012 _ Action Item <br />XX 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 2012 -13 budget includes $780,000 of lottery proceeds. The <br />Lee County Board of Education has prepared the applications to <br />draw $970,650 of Lottery proceeds for the following four projects: <br />(1) Bragg Street Academy HVAC replacement, (2) replacement of <br />two chillers at Tramway Elementary, (3) replacement of two chillers <br />at Deep River Elementary and (4) replacement of two chillers at <br />Broadway Elementary. At this time, the unallocated lottery <br />proceeds total $408,244.72, and it is estimated that we will receive <br />$682,619 this year. The Department of Public Instruction only <br />approves the applications if the money is in our account or as <br />additional distributions are made by the State into our account. A <br />budget amendment has been presented to increase the current <br />budget to cover these requests. <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 2012 -13 <br />(3) Lottery applications <br />PUBLIC HEARING No <br />PRIOR BOARD ACTION N/A <br />RECOMMENDATION Approve applications for Lottery proceeds as presented <br />