Agenda Item
Meeting Date: 9/14/2023 - 5:15 PM
Type: Action
Subject: Donations & Reimbursements to School Division FY 22-23–4th Quarter
ACPS Division Objective :
Goal 3
Equitable, Transformative Resources
Policy: DI - Financial Accounting and Reporting
File Attachment:
Summary: Please find attached a summary of all cash donations, miscellaneous revenue and property donated to the Albemarle County Public Schools through the fourth quarter of the 2022-23 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: For the 4th quarter of the fiscal year, $616,032.19 has been accepted in donations and miscellaneous revenues with $616,032.19 accepted by the School Fund and $0.00 accepted by the Special Revenue Funds.

Of the $400,000.00 that was appropriated for donations and miscellaneous revenue in the School Fund, a total of $616,032.19 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.
Recommended By:
Signed By:
Dan Chipman - Fiscal Services Project Manager
Signed By:
Jackson Zimmermann - School Finance Officer
Signed By:
Dr. Matthew Haas - Superintendent