ReportExamines Florida School Food Program Financials

Published Monday, February 09, 2009

The financial condition of Florida’s school district food service programs is mixed, says a report compiled by the Florida Legislature

 Office of Program Policy Analysis & Government Accountability (Report No. 09-04). Although most programs have positive fund balances, the report notes, almost one half have experienced significant declines in these reserves in recent years and current levels may not be sufficient to cover unforeseen expenses or revenue shortfalls. It also notes that fund balances often overstate the financial status of food service programs because most school districts do not charge the programs for all indirect and support costs, ...

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