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

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