AGENDA DATE: 1/9/2019
TITLE:
Title
FY 19 Budget Amendment and Appropriations
. BODY
SUBJECT/PROPOSAL/REQUEST: Public Hearing on the Proposed FY 2019 Budget Amendment, the Resolution to approve Appropriations for local government and school projects and programs, and a Resolution of Intent to Reimburse Expenditures with Proceeds of a Borrowing.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Kamptner, Allshouse L., Bowman, Vinzant, Taylor, Bittle, Mitchell
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 $9,000,883.63. 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 $9,000,883.63. The estimated expenses and revenues included in the proposed amendment are shown below:
The budget amendment is comprised of a total of thirty-five (35) separate appropriations. Twenty-three (23) have already been approved by the Board as indicated below:
* Ten (10) appropriations approved 10/3/2018;
* One (1) appropriation a...
Click here for full text