AGENDA DATE: 9/5/2018
TITLE:
Title
FY 2019 Budget Amendment and Appropriations
BODY
SUBJECT/PROPOSAL/REQUEST: Public Hearing on the Proposed FY 2019 Budget Amendment and the Resolution to approve Appropriations for local government and schools projects and programs.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Kamptner, Allshouse L., Bowman
PRESENTER (S): Andy Bowman
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
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 2019 appropriations itemized below is $10,247,490.23. 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 2019 Budget Amendment totals $10,247,490.23. The estimated expenses and revenues included in the proposed amendment are shown below:
The budget amendment is comprised of nine (9) separate appropriations: #2019022, #2019023, #2019024, #2019025, #2019026, #2019027, #2019028, #2019029, and #2019030.
RECOMMENDATION:
.After the public hearing, staff recommends that the Board adopt the attached Resolutions (Attachments B and C) to approve the appropriations for local government and school projects and programs as described in Attachment A.
ATTACHMENTS:
Attachment A - Appropriation Descriptions
Attachment B - Resolution to Appropriate On-going Funding of Multi-Year Capital Projects
Attachment C - Appropriation Resolution