AGENDA DATE: 11/18/2026
TITLE:
Title
FY 27 First Quarter Financial Report
BODY
SUBJECT/PROPOSAL/REQUEST: FY 27 First Quarter Financial Report
ITEM TYPE: Consent Information Item
STAFF CONTACT(S): Richardson, Sumner, Bowman, Malcolm, Davidson, Vinzant, Rakes, Greene, Huff
PRESENTER (S): N/A
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: In accordance with the County’s Financial Policies, attached is the Quarterly Financial Report for July 1, 2026 through September 30, 2026. This report includes budget-to-actual comparisons for the current year, a report of transfers authorized by the County Executive, grant activity, and a report on County investments.
STRATEGIC PLAN: Mission - To enhance the well-being and quality of life for all community members through the provision of the highest level of public service consistent with the prudent use of public funds.
DISCUSSION:
General Fund Quarterly Financial Report (Attachment A)
The General Fund Quarterly Financial Report reflects year-to-date (YTD) data from July 1, 2026 through September 30, 2026, the end of the first quarter (Q1) of FY 27.
School Fund Quarterly Financial Report (Attachment B)
As requested by the Board, the Albemarle County Public Schools Quarterly Financial Report as of September 30, 2026 is included.
County Executive Approved Transfers (Attachment C)
The FY 27 appropriation resolution provides the County Executive with the authority to make various administrative budget adjustments during the year. Attachment C contains a list of these adjustments made during the first quarter.
General Government Grants Report (Attachment D)
Pursuant to the County’s Grant Policy and associated procedures, staff provides periodic reports to the Board on the County’s application for and use of grants. Attachment D includes a brief description of the grant applications submitted and grant awards received from July 1, 2026 through September 30, 2026. ...
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