Agenda Item
Meeting Date:
1/20/2022 - 6:30 PM  
Category:
Consent Calendar  
Type:
Action  
Subject:
FY 2022 Monthly Financial Report ending December 31, 2021  
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 December 31, 2021.  
File Attachment:
220120_Memo_FY22_Monthly_Financial_Report_December_v1.pdf
220120_FY22_Monthly_Financial_Report_Dec_v1.pdf
220120_Budget_Transfer_Report_December_v1.pdf
 
Agenda Item Summary:
Preliminary year- to-date report of revenue and expenditures as of December 31, 2021.  
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 FY 2022 Monthly Financial Report for the fiscal year-to-date period ending December 31, 2021.  
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:  
Dr. Gregory C. Hutchings, Jr. - Superintendent
 
Vote Results:

Original Motion
Member Dr. Michelle Rief Moved, Member Jacinta Greene seconded to approve the Original motion 'The Superintendent recommends the School Board accept the FY 2022 Monthly Financial Report for the fiscal year-to-date period ending December 31, 2021.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Meagan L. Alderton     Yes
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
Willie F. Bailey, Sr.     Yes