Agenda Item
Meeting Date: 11/7/2019 - 6:30 PM
Category: APPROVAL OF CONSENT AGENDA
Type: Action
Subject: Donations and Reimbursements to School Division FY 2019-20 – 1st Quarter
ACPS Division Objective :
Objective 5
We will optimize resources.
Policy: DI - Financial Accounting and Reporting
Enclosure: Summary and detail for donations and reimbursements of FY 2019-20 - 1st Quarter
File Attachment:
19-20_Board_Report-Q1-Attachment-1st_Quarter_Summary_Report.pdf
19-20_Board_Report-Q1-Attachment-1st_Quarter_Detail_Report.pdf
Summary: Please find attached a summary of all cash donations, miscellaneous revenue and property donated to the Albemarle County Public Schools through the first quarter of the 2018-19 fiscal year. The back-up is also provided for all donations, miscellaneous revenue and property received.

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 $372,202.00 that was appropriated for donations and miscellaneous revenues, $46,949.72 has been accepted through the first quarter of the fiscal year.
Recommendation: Please accept all donations, property donations and miscellaneous revenue as property of the Albemarle County Public Schools.
Approvals:
Recommended By:
Signed By:
Lindsay Huff - Senior Budget Analyst
Signed By:
Jackson Zimmermann - School Finance Officer
Signed By:
Rosalyn Schmitt - Chief Operating Officer
Signed By:
Dr. Matthew Haas - Superintendent