Agenda Item
Meeting Date: 11/9/2017 - 7:00 PM
Category: Consent Calendar
Type: Action
Subject: FY 2018 Monthly Financial Report Ending September 30, 2017
Strategic Plan:
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):
File Attachment:
171109_Memo_FY18_Monthly_Financial_Report_September_v1.pdf
171109_FY18_Monthly_Financial_Report_September_v1.pdf
171109_Budget_Transfers_Report_September_v1.pdf
Agenda Item Summary: Routine monthly financial report providing School Board an update for the one-month period ending September 30, 2017.
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 2018 Monthly Financial Report for the fiscal year-to-date period ending September 30, 2017
Approvals:
Recommended By:
Signed By:
Mike Herbstman - Chief Financial Officer
Signed By:
Dominic Turner - Director of Budget
Signed By:
Lois Berlin - Interim Superintendent
Vote Results:

Original Motion
Member Henry E. Cardwell Moved, Member Margaret Lorber seconded to approve the Original motion 'The Superintendent recommends the School Board accept the Preliminary FY 2018 Monthly Financial Report for the fiscal year-to-date period ending September 30, 2017'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
William E. Campbell     Yes
Karen Graf     Yes
Christopher J. Lewis     Yes
Ramee A. Gentry     Yes
Henry E. Cardwell     Yes
Margaret Lorber     Yes
Cindy Anderson     Yes
Veronica R. Nolan     Yes