Agenda Item
Meeting Date:
10/11/2018 - 6:30 PM  
Category:
APPROVAL OF CONSENT AGENDA  
Type:
Action  
Subject:
Donations and Reimbursements to School Division FY 2018-19 – 1st Quarter  
ACPS Division Objective :
Objective 5
We will optimize resources.
 
Policy:
DI - Financial Accounting and Reporting  
Enclosure:
Summary and Coding for Donations and Reimbursements FY 2018-19 - 1st Quarter  
File Attachment:
18-19_Board_Report-Q4-Attachment-1st_Quarter_Detail_Report.pdf
18-19_Board_Report-Q4-Attachment-1st_Quarter_Summary_Report.pdf
 
Summary:
Please find attached a summary of all cash donations, miscellaneous revenue and property donated to the Albemarle County Public Schools. The back-up for all donations, miscellaneous revenue and property received during the 1st quarter of the 2018-19 fiscal year.

On July 11, 2012, the Board of Supervisors approved a streamlined appropriation process for anticipated School Fund revenue associated with miscellaneous grants, donations, and School Activity Funds. Funds will not be expended until the revenues are actually received.
 
Funding:
Of the $266,243.00 that was appropriated for donations and miscellaneous revenues, $76,462.63 has been accepted through the first quarter of the fiscal year: $46,737.69 was accepted for donations, and $29,724.94was accepted for miscellaneous revenue.  
Recommendation
Please accept all donations, property donations and miscellaneous revenue as property of the Albemarle County Public Schools.  
Approvals:
Recommended By:
Signed By:
Lindsay Harris - Senior Budget Analyst
Signed By:  
Jackson Zimmermann - School Finance Officer
Signed By:  
Rosalyn Schmitt - Chief Operating Officer
Signed By:  
Dr. Matt Haas - Superintendent