Review Agenda Item
Meeting Date: 10/15/2020 - 4:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2021 Preliminary Monthly Financial Report ending August 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 August 31, 2020.
File Attachment:
201015_Memo_Monthly_Financial_Report_August_v1.pdf
201015_Budget_Transfer_Report_August_v1.pdf
201015_Monthly_Financial_Report_August_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 August 31, 2020.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent