Review Agenda Item
Meeting Date: 5/5/2022 - 6:30 PM
Category: Consent Calendar
Type: Action
Subject: FY 2022 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:
220505_Memo_Budget_Transfer_Q3_FY22_v1.pdf
220505_Budget_Transfer_Report_FY22_Q3_v1.pdf
Agenda Item Summary: Budget Transfer Report, Third Quarter FY 2022 (January 2022 – March 2022).
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 2022 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 2022 Third Quarter Budget Transfer Report.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent
Vote Results: