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Meeting Date:
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10/24/2024 - 6:30 PM
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Category:
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APPROVAL OF CONSENT AGENDA
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Type:
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Action
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Subject:
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Donations & Reimbursements to School Division FY25 - 1st Quarter
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ACPS Division Objective :
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Goal 3 Equitable, Transformative Resources
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Enclosure
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File Attachment:
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Summary:
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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 2024-25 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.
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Funding:
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For the first quarter of the fiscal year, $27,299.05 has been accepted in donations and miscellaneous revenues with $27,299.05 accepted by the School Fund and $0.00 accepted by the Special Revenue Funds. Of the $440,000.00 that was appropriated for donations and miscellaneous revenue in the School Fund, a total of $27,999.05 has been accepted for the fiscal year.
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Recommendation:
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Please accept all donations, property donations and miscellaneous revenue as property of the Albemarle County Public Schools.
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Approvals:
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Recommended By:
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Signed By:
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Anita Moore - Management Analyst I
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Signed By:
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Jackson Zimmermann - School Finance Officer
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Signed By:
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Rosalyn Schmitt - Chief Operating Officer
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Signed By:
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Dr. Matthew Haas - Superintendent
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