Review Agenda Item
Meeting Date: 5/1/2020 - 12:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2020 Preliminary Financial Report Ending February 29, 2020
ACPS 2025 Strategic Plan Goal:
Goal 6: Effective and Efficient Operations
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 February 29, 2020.
File Attachment:
200501_Memo_FY20_Monthly_Financial_Report_February_v1.pdf
200501_Monthly_Financial_Report_February2020_v1.pdf
200501_Budget_Transfer_February_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 2020 Monthly Financial Report for the fiscal year-to-date period ending February 29, 2020.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent
Vote Results:

Original Motion
Member Ramee A. Gentry Moved, Member Meagan L. Alderton seconded to approve the Original motion 'The Superintendent recommends the School Board accept the Preliminary FY 2020 Monthly Financial Report for the fiscal year-to-date period ending February 29, 2020.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 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
Dr. Michelle Rief     Yes
Heather Thornton     Yes