Review Agenda Item
Meeting Date: 11/8/2018 - 6:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2019 Q1 Budget Transfer Report
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: DI - Financial Accounting and Reporting
Funding Source or Fiscal Impact (where applicable)
File Attachment:
Memo_Budget_Transfer_Report_FY2019Q1.pdf
Budget_Transfer_Report_FY2019_Q1.pdf
Agenda Item Summary: 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 first quarter of FY 2019 is provided so that specific budget transfers meeting the criteria are seen in context.
Background:
Recommendation: The Superintendent recommends that the School Board approve the FY 2019 First Quarter Budget Transfer Report.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent
Vote Results:

Original Motion
Member Christopher J. Lewis Moved, Member William E. Campbell seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the FY 2019 First Quarter Budget Transfer Report.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
William E. Campbell     Yes
Karen Graf     Yes
Christopher J. Lewis     Yes
Ramee A. Gentry     Yes
Henry E. Cardwell     Yes
Cindy Anderson     Yes
Veronica R. Nolan     Yes