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File #: 19-318    Version: 1 Name:
Type: Resolution Status: Public Hearing
File created: 5/15/2019 In control: Board of Supervisors
On agenda: 6/5/2019 Final action:
Title: FY 2020 Budget Amendment and Appropriations SUBJECT/PROPOSAL/REQUEST: Public Hearing on the Proposed FY 2020 Budget Amendment and the Resolution to approve Appropriations for local government and school projects and programs, and additionally, 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, Mitchell, Bittle PRESENTER (S): Lori Allshouse 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 app...
Attachments: 1. Att.A - Appropriation Descriptions, 2. Att.B - Resolution to Appropriate On-going Funding of Multi-Year Capital Projects, 3. Att.C - Appropriation Resolution, 4. Att.D - Borrowing Resolution
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AGENDA DATE: 6/5/2019

TITLE:
Title
FY 2020 Budget Amendment and Appropriations

SUBJECT/PROPOSAL/REQUEST: Public Hearing on the Proposed FY 2020 Budget Amendment and the Resolution to approve Appropriations for local government and school projects and programs, and additionally, 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, Mitchell, Bittle

PRESENTER (S): Lori Allshouse

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 2020 appropriations itemized below is $85,008,114.90. 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 2020 Budget Amendment totals $85,008,114.90. The estimated expenses and revenues included in the proposed amendment are shown below:



The budget amendment is comprised of two (2) separate appropriations: #2020001 and #2020002.

This request is also for the Board's approval of a Resolution of Intent to Reimburse Expenditures Related to Capital Projects with Proceeds of a Bor...

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