Agenda Item
Meeting Date: 7/14/2022 - 6:30 PM
Category: APPROVAL OF CONSENT AGENDA
Type: Action
Subject: Donations and Reimbursements to School Division FY 2021-22 – 3rd Quarter
ACPS Division Objective :
Goal 3
Equitable, Transformative Resources
Policy: DI - Financial Accounting and Reporting
Enclosure: Summary and Coding for Donations and Reimbursements FY 2021-22 – 3rd Quarter
File Attachment:
21-22_Q3_Board_Report_Detail_Report.pdf
21-22_Q3_Board_Report_Summary.pdf
Summary: Please find attached a summary of all cash donations, miscellaneous revenue and property donated to the Albemarle County Public Schools through the third quarter of the 2021-22 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.

For the 3rd quarter of the fiscal year, $94,752.76 has been accepted in donations and miscellaneous revenues with $94,752.76 accepted by the School Fund and $0.00 accepted by the Special Revenue Funds.
Funding: Of the $400,000.00 that was appropriated for donations and miscellaneous revenue in the School Fund, a total of $178,983.49 has been accepted for 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:
Dan Chipman - Fiscal Services Project Manager
Signed By:
Jackson Zimmermann - School Finance Officer
Signed By:
Rosalyn Schmitt - Chief Operating Officer
Signed By:
Dr. Matthew Haas - Superintendent