COUNTY OF ALBEMARLE
Requested 2005 Appropriations
Request approval of Appropriation #2005006, #2005007, #2005008, and #2005009 providing funds for various General Fund, School Fund, and Capital Improvement projects
Messrs. Tucker, Breeden, Wiggans; Ms. White
LEGAL REVIEW: Yes
August 4, 2004
ACTION: X INFORMATION:
The Code of Virginia §15.2-2507 stipulates that any locality may amend its budget to adjust the aggregate amount to be appropriated during the current fiscal year as shown in the currently adopted budget. However, any such amendment which exceeds one percent of the total expenditures shown in the currently adopted budget or the sum of $500,000, whichever is lesser, 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 total of these requested additional FY 2005 appropriations is $408,663.63. It is anticipated that a budget amendment will be proposed in September 2004 and these appropriations would be incorporated into it.
4.2 Fund County services in a fair, efficient manner and provide needed public facilities and infrastructure.
This request involves the approval of four (4) new FY 2005 appropriations as follows:
· One (1) appropriation (#2005006) provides for the transfer of $164,322.93 in Fund Balance from the Fire Loan Fund to the General CIP Fund Balance;
· One (1) appropriation (#2005007) allocating $19,340.70 in additional State Fire Program Funds for equipment purchases in the Fire Rescue Department;
· One (1) appropriation (#2005008) in the amount of $50,000.00 providing funding to bring Sunridge Road up to State standards; and
· One (1) appropriation (#2005009) in the amount of $175,000.00 providing funding for three firefighters/ALS.
A detailed description of these appropriations is provided on Attachment A.
Staff recommends approval of the FY 2005 Appropriations #2005006, #2005007, #2005008, and #2005009.
to consent agenda
Return to regular agenda