AGENDA DATE: 4/6/2016
TITLE:
Title
FY 2016 Budget Amendment and Appropriations
BODY
SUBJECT/PROPOSAL/REQUEST: Public Hearing on the Proposed FY 2016 Budget Amendment in the Amount of $4,268,720.14 and the Resolution to approve appropriations #2016069, #2016070, #2016071, #2016072, #2016073, #2016074, #2016075 and #2016076 for local government and school division projects and programs
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Foley, Letteri, Walker, Davis, and Allshouse, L
PRESENTER (S): Lori Allshouse
LEGAL REVIEW: Yes
REVIEWED BY: Thomas C. Foley
BACKGROUND: Virginia Code ? 15.2-2507 provides that any locality may amend its budget to adjust the aggregate amount to be appropriated during the fiscal year as shown in the currently adopted budget; provided, however, any such amendment which exceeds one percent of the total expenditures shown in the currently adopted budget must be accomplished by first publishing a notice of a meeting and holding a public hearing before amending the budget. The Code section applies to all County funds, i.e., General Fund, Capital Funds, E911, School Self-Sustaining, etc.
The cumulative total of the FY 2016 appropriations itemized below is $4,268,720.14. Because the cumulative amount of the appropriations exceeds one percent of the currently adopted budget, a budget amendment public hearing is required.
STRATEGIC PLAN: Mission: To enhance the well-being and quality of life for all citizens through the provision of the highest level of public service consistent with the prudent use of public funds.
DISCUSSION: The proposed increase of this FY 2016 Budget Amendment totals $4,268,720.14. The estimated expenses and revenues included in the proposed amendment are shown below:
ESTIMATED EXPENDITURES
General Fund $ -10,894.20
Special Revenue Funds ...
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