Review Agenda Item
Meeting Date: 5/9/2019 - 6:30 PM
Category: Consent Calendar
Type: Action
Subject: FY 2019 Monthly Financial Report Ending March 31, 2019
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) Routine monthly financial report providing School Board an update for the one-month period ending March 31, 2019.
File Attachment:
190509_Memo_FY19_Monthly_Financial_Report_March_v1.pdf
190509_Monthly_Financial_Report_March_v1.pdf
190509_Budget_Transfers_Report_March_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 2019 Monthly Financial Report for the fiscal year-to-date period ending March 31, 2019.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent
Vote Results: