Review Agenda Item
Meeting Date: 9/15/2016 - 6:00 PM
Category: Consent Calendar
Type: Action
Subject: Quarterly Budget Transfer Report--Q4 FY 2016
ACPS 2025 Strategic Plan Goal:
Objective 6.1 Fiscal Policies and Practices
ACPS will plan, manage, monitor, and report spending to provide decision-makers and the community with a reliable, accurate, and complete view of the financial performance of the educational system at all levels.
Policy: DA - Management of Funds
Funding Source or Fiscal Impact (where applicable)
File Attachment:
160915_Cover_Memo_Budget_Transfers_Report_FY16Q4_v1.pdf
160915_Budget_Transfers_Report_FY16Q4_v1.pdf
Agenda Item Summary: Preliminary Budget Transfer Report, Fourth Quarter FY 2016 (April – June, 2016)
Background: Policy DA: Management of Funds requires the submission of a quarterly report detailing all budget transfers in the Operating, School Nutrition, and Grants and Special Projects Funds greater than or equal to $25,000 and which cross state reporting categories. General information on budget transfers during the fourth quarter of FY 2016 is provided so that specific budget transfers meeting the criteria are seen in context.
Recommendation: The Superintendent recommends that the School Board approve the Preliminary FY 2016 Fourth Quarter Budget Transfer Report
Approvals:
Recommended By:
Signed By:
Stacey Johnson - Chief Financial Officer
Signed By:
Alvin Crawley - Superintendent
Vote Results:

Original Motion
Member Ramee A. Gentry Moved, Member William E. Campbell seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the Preliminary FY 2016 Fourth Quarter Budget Transfer Report'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Henry E. Cardwell     Yes
William E. Campbell     Yes
Cindy Anderson     Yes
Christopher J. Lewis     Yes
Ramee A. Gentry     Yes
Karen Graf     Yes
Ronnie Campbell     Yes
Margaret Lorber     Yes
Veronica R. Nolan     Yes