1. MEMORANDUM

CONTACT PERSON
NAME:
Nick Baldwin
PHONE:
(850) 487-8646
September 13, 2002
SUNCOM:
277-8646
CFO:
03
-
18
MEMORANDUM
TO:
District School Superintendents
FROM:
Wayne V. Pierson
SUBJECT:
General Revenue Breakfast Earnings Fiscal Year 2003
Enclosed is a listing of the estimated General Revenue Breakfast earnings you will
receive for fiscal year (FY) 2002-2003.
Distributions will be based upon each
district’s pro-rata share of the total available for distribution in FY 2003 ($7,590,912).
The pro-rata shares are calculated based on the free and reduced price breakfasts
reported on form ESE-080 for school year 2001. Equal payments of one-fourth of
the total calculated preliminary amount will be distributed in the first three quarters of
the fiscal year.
Because the appropriation language indicates that the maximum per-breakfast
amount that can be expended is based on the difference between the statewide
average breakfast cost and the average free and reduced price reimbursement, the
final amount cannot be determined until these average figures have been calculated.
The amount you receive on the final payment (electronic funds transfer for the
month of May 2003) will be calculated by taking your total entitlement, which is
based on the maximum per-breakfast amount times the total breakfasts reported,
minus the amount you received during the first three-quarters.
WVP:NB/set
Enclosure
cc:
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School Food Service Directors
School Finance Officers
Division of Support Services

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