Item Coversheet

Action Item - 38.

Title: Adoption of Lump Sum Statement (Updated 3.22.21)

Board of Education Meeting Date:

Action under consideration


WHEREAS, Section 12-303(b) of the Home Rule Charter requires the adoption and submission to the Mayor and City Council of a lump sum statement of anticipated receipts and expenditures for the next fiscal year, be it


RESOLVED, that the Proposed Lump Sum Statement for fiscal year 2021/2022 of the School District of Philadelphia anticipated receipts and other financing sources totaling $3,181.8 million, anticipated expenditures and other financing uses of $3,049.9 million, and an ending fund balance of $199.7 million at June 30, 2022, be adopted and submitted to the Mayor and City Council.


*Lump Sum Statement attached

 Office Originating Request: Board of Education
Lump Sum Statement FY22Supporting Document