Agenda Item
Meeting Date: 2/8/2018 - 6:30 PM
Category: SCHOOL DIVISION BUSINESS
Type: Action
Subject: Change to Appropriation Process (8:05 to 8:10)
ACPS Division Objective :
Objective 5
We will optimize resources.
Policy: DB - Annual Budget
Enclosure:
File Attachment:
resolution for adopting budget single appropriation_2 8 18_draft.pdf
Summary: Historically, the Board of Supervisors (BOS) appropriates the school’s operating and special revenue funds by the seven categories defined by the state. By state statute, the BOS has the option to appropriate by the seven categories or make a single appropriation. A single appropriation would result in operational efficiencies that would simplify both the original appropriation process and amendments thereto. This action would not reduce financial transparency, reporting and other current financial oversight. To gain these efficiencies, staff recommends that the School Board adopt a resolution requesting that the BOS appropriate the operating fund in a single category and the special revenue fund in a single category as allowed by state statute.
Funding: n/a
Recommendation: Adopt a resolution requesting that the BOS appropriate the operating fund in a single category and the special revenue fund in a single category as allowed by state statute.
Approvals:
Recommended By:
Signed By:
Rosalyn Schmitt - Chief Information Officer
Signed By:
Dean Tistadt - Chief Operating Officer
Signed By:
Dr. Pamela Moran - Superintendent