Item Coversheet

ALAMEDA UNIFIED SCHOOL DISTRICT
BOARD AGENDA ITEM


Item Title:Presentation and Approval of 2017-2018 Unaudited Actuals Financial Report (15 Mins/Action)
Item Type:Action
Background:

At the end of each fiscal year, the Alameda Unified School District engages in closing its books, reviewing its actual revenues and expenditures, and calculating ending balances.  This work results in the Unaudited Actuals Financial Report.  The results from the Unaudited Actuals Financial Report will be reviewed by the District’s Independent Auditor, as per Education Code 41020. 

 

The Unaudited Actuals Financial Report is the final financial status report for the now-ended 2016-2017 fiscal year and follows interim reports which provided revenue and expenditure projections throughout the year.  Education Code 42100 provides that the governing board of each school district shall approve, on a form prescribed by the Superintendent of Public Instruction, an annual statement of all receipts and expenditures of the district for the preceding fiscal year (Unaudited Actuals) and shall file the statement with the County Superintendent of Schools by September 15.  The County Superintendent of Schools shall certify the mathematical accuracy of the statement and shall transmit a copy to the Superintendent of Public Schools.

 

 

Goals:Routine Matter
Fund:
Fund Codes: 
Fiscal Analysis

Amount (Savings) (Cost):


N/A
Department Budget:N/A
Recommendation:Approve as submitted.
AUSD Guiding Principle:#3 - Administrators must have the knowledge, leadership skills and ability to ensure student success.| #5 - Accountability, transparency, and trust are necessary at all levels of the organization.| #6 - Allocation of funds must support our vision, mission, and guiding principles.
Submitted By:Shariq Khan, Chief Business Officer

ATTACHMENTS:
DescriptionUpload DateType
Unaudited Actuals Presentation9/7/2017Presentation
SACS9/8/2017Backup Material