CONTACT PERSON
April 17, 2002
?
Name:
Jerry Martin
Phone:
(850) 487-3842
SUNCOM:
277-3842
M E M O R A N D U M
DPBM:
02-85
TO:
District School Superintendents
FROM:
Wayne V. Pierson
SUBJECT:
Projected Cash Disbursements for Projects Funded from Lottery Bond Proceeds
In the November 1997 special session of the Legislature, authorization was provided for the issuance of Lottery Bonds
to finance construction. The bond proceeds are used to fund four programs: the Classrooms First Program, the Effort
Index Program, the Small County Assistance Program, and the School Infrastructure Thrift (SIT) Program. The bond
issues are sold based on projected cash disbursements to districts. The bond proceeds are distributed to districts
monthly, except for the SIT program for which lump sum payments are made based on grant awards. In order to ensure
that we have sufficient bond proceeds to honor your future cash requests for these four programs, please provide the
Office of Educational Facilities Budgeting with your anticipated monthly cash disbursement requests for the period May
2002 through October 2002.
May 2002
$
$
June 2002
$
$
July 2002
$
$
August 2002
$
$
September 2002
$
$
October 2002
$
$
DISTRICT NAME:
Estimated Cash Disbursement for Lottery Bonds
Month
For Classrooms First,
Effort Index, and Small
County Assistance
For Anticipated SIT
Awards Payments
Please fax the completed form to
850-488-2708
no later than
Wednesday, May 1, 2002.
WVP:dah
cc: District Finance Officers