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Meeting Date:
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4/26/2018 - 7:00 PM
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Category:
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Consent Calendar
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Type:
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Action
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Subject:
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FY 2018 Year End Combined Funds Budget Estimate
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ACPS 2025 Strategic Plan Goal:
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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. Objective 6.3 Operational Efficiency and Performance Management ACPS will focus resources on student learning by utilizing a comprehensive performance management system that ensures efficient, cost-effective business operations.
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Funding Source or Fiscal Impact (where applicable)
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File Attachment:
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Agenda Item Summary:
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The School Board’s formal approval of the attached year-end estimates authorizes the FY 2018 Revised Budget within each fund.
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Background:
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Each year, the School Board is presented the following summary that outlines the projected year-end totals for revenue, expenditures and fund balances within the three primary funds (Operating Fund, Grants and Special Projects Fund, and School Nutrition Fund), as well as an analysis of the Health Benefits Fund, Other Post-Employment Benefits (OPEB), and Supplemental Retirement Plan.
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Recommendation:
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The Superintendent recommends that the School Board accept the FY 2018 Revised Budget and the FY 2018 Year-end Estimate.
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Approvals:
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Recommended By:
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Signed By:
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Mike Herbstman - Chief Financial Officer
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Signed By:
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Lois Berlin -
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Vote Results:
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| Original Motion | | Member William E. Campbell Moved, Member Cindy Anderson seconded to approve the Original motion 'The Superintendent recommends that the School Board accept the FY 2018 Revised Budget and the FY 2018 Year-end Estimate.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0. | | The motion Carried 9 - 0 | | | | | Ronnie Campbell | Yes | | William E. Campbell | Yes | | Karen Graf | Yes | | Christopher J. Lewis | Yes | | Ramee A. Gentry | Yes | | Henry E. Cardwell | Yes | | Margaret Lorber | Yes | | Cindy Anderson | Yes | | Veronica R. Nolan | Yes | |
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