Agenda Item
Meeting Date: 1/14/2021 - 6:30 PM
Category: SCHOOL DIVISION BUSINESS
Type: Info/Action
Subject: FY 2019/20 Comprehensive Annual Financial Report (CAFR) (7:54 to 8:10)
ACPS Division Objective :
Policy: DA - Management of Funds
Enclosure:
File Attachment:
Albemarle 2020.pdf
Albemarle Governance Letter 2020.pdf
Summary: Albemarle County operates under the County Executive form of government, one of two such counties in the Commonwealth. With this particular form of government, the School Division is considered a component unit of the overall County. Therefore, each year a single audit is completed that encompasses the financials of all aspects of County operations, including our School Division. Our auditor will present the completed CAFR and provide some highlights of the document and the overall financial condition of the entire organization.
Funding: This item does not require funding.
Recommendation: Receive for information.
Approvals:
Recommended By:
Signed By:
Jackson Zimmermann - School Finance Officer
Signed By:
Rosalyn Schmitt - Chief Operating Officer
Signed By:
Dr. Matthew Haas - Superintendent