Agenda Item
Meeting Date:
5/9/2024 - 6:30 PM  
Category:
Consent Calendar  
Type:
Action  
Subject:
FY 2024 Budget Transfer Report Q3  
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):
Budget transfer report providing School Board an update of quarter activity.  
File Attachment:
240509_Memo_Budget_Transfer_Report_FY2024_Q3.pdf
240509_Budget_Transfer_Report_FY2024_Q3_v1.pdf
 
Agenda Item Summary:
Budget Transfer Report, Third Quarter FY 2024 (January 2024 – March 2024).  
Background:
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 third quarter of FY 2024 is provided so that specific budget transfers meeting the criteria are seen in context.  
Recommendation
The Superintendent recommends that the School Board approve the FY 2024 Third Quarter Budget Transfer Report.  
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:  
Dr. Melanie Kay-Wyatt - Superintendent
 
Vote Results:

Original Motion
Member Kelly Carmichael Booz Moved, Member Christopher Harris seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the FY 2024 Third Quarter Budget Transfer Report.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Jacinta Greene     Yes
Dr. Michelle Rief     Yes
Kelly Carmichael Booz     Yes
Tammy Ignacio     Yes
Christopher Harris     Yes
Abdel-Rahman Elnoubi     Yes
Dr. Ashley Simpson Baird     Yes
Tim Beaty     Yes