Agenda Item
Meeting Date: 10/1/2020 - 4:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2021 Preliminary Monthly Financial Report ending July 31, 2020
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): Routine monthly financial report providing School Board an update for the one-month period ending June 31, 2020.
File Attachment:
201001_Memo_FY21_Monthly_Financial_Report_July_v1.pdf
201001_Budget_Transfer_July_v1.pdf
201001_Monthly_Financial_Report_July_v1.pdf
Agenda Item Summary:
Background: School Board Policy DI, Financial Accounting and Reporting, requires the preparation and issuance of monthly financial reports. Monthly reports are provided to the School Board for the three primary funds covering school division operations: Operating Fund, Grants and Special Projects Fund, and School Nutrition Fund.
Recommendation: The Superintendent recommends the School Board accept the Preliminary FY 2021 Monthly Financial Report for the fiscal year-to-date period ending July 31, 2020.
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 the School Board accept the Preliminary FY 2021 Monthly Financial Report for the fiscal year-to-date period ending July 31, 2020.'. 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