Review Agenda Item
Meeting Date: 1/13/2022 - 6:30 PM
Category: APPROVAL OF CONSENT AGENDA
Type: Action
Subject: FY 22 Budget Amendments
ACPS Division Objective :
Policy: DA - Management of Funds
Enclosure
File Attachment:
FY 22 Amendments - Summary 1.13.22.pdf
FY 22 Amendments - Appropriation 1.13.22.pdf
Summary: On December 1, the Board of Supervisors approved amending the FY 2021/22 budget to incorporate an updated revenue projection and allocating it to County government, school operations, and capital and debt service based on the shared allocation of local tax revenues. The revenue update totaled $20.3M in local, state, and transfer revenues, of which the ACPS School Fund received $10.3M by formula. The general use of these funds was proposed to the School Board on December 9.
Funding: As presented.
Recommendation: Approve the use of funds as presented and request the Board of Supervisors to appropriate transfers to other funds.
Approvals:
Recommended By:
Signed By:
Maya Kumazawa - Director of Planning and Budget
Signed By:
Rosalyn Schmitt - Chief Operating Officer
Signed By:
Dr. Matthew Haas - Superintendent