Agenda Item
Meeting Date: 10/1/2020 - 4:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2020 Quarter 4 Budget Transfer Report
ACPS 2025 Strategic Plan Goal:
Goal 4: Strategic Resource Allocation
ACPS will strategically provide differentiated resources and supports to schools and departments.
Policy: DI - Financial Accounting and Reporting
Funding Source or Fiscal Impact (where applicable): Budget transfer report providing School Board an update of quarter activity.
File Attachment:
201001_Memo_Budget_Transfer_Report_FY2020_Q4.pdf
201001_Budget_Transfer_Report_FY2020_Q4_v1.pdf
Agenda Item Summary:
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 third quarter of FY 2020 is provided so that specific budget transfers meeting the criteria are seen in context.
Recommendation: The Superintendent recommends that the School Board approve the FY 2020 Fourth Quarter Budget Transfer Report.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Gregory Hutchings - Superintendent
Vote Results:

Original Motion
Member Margaret Lorber Moved, Member Ramee A. Gentry seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the FY 2020 Fourth Quarter Budget Transfer Report.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 18 Nay: 0.
The motion Carried 18 - 0
   
Ramee A. Gentry     Yes
Margaret Lorber     Yes
Cindy Anderson     Yes
Veronica R. Nolan     Yes
Meagan L. Alderton     Yes
Christopher A. Suarez     Yes
Jacinta Greene     Yes
Michelle Rief     Yes
Heather Thornton     Yes
Ramee A. Gentry     Yes
Margaret Lorber     Yes
Cindy Anderson     Yes
Veronica R. Nolan     Yes
Meagan L. Alderton     Yes
Christopher A. Suarez     Yes
Jacinta Greene     Yes
Michelle Rief     Yes
Heather Thornton     Yes