COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Proposed FY 2006 Budget Amendment

 

SUBJECT/PROPOSAL/REQUEST:

Public Hearing on the Proposed FY 2006 Budget Amendment in the amount of $3,565,334.00 and request approval of amendment and of Appropriations #2006001, #2006002, #2006003 and #2006004 to provide funding for various ECC and General Government Programs.

 

STAFF CONTACT(S):

Messrs. Tucker, Breeden, Wiggans; Ms. White

 

LEGAL REVIEW:   No

 

AGENDA DATE:

July 6, 2005

 

ACTION:     X                        INFORMATION:   

 

CONSENT AGENDA:

  ACTION:                             INFORMATION:   

 

 

ATTACHMENTS:      Yes

 

 

REVIEWED BY:

 

 

 

BACKGROUND:

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 Fund, E-911, School Self-Sustaining, etc.

 

 

STRATEGIC PLAN:

4.2 Fund County services in a fair, efficient manner and provide needed public facilities infrastructure.

 

 

DISCUSSION:

The proposed increase of this FY 2006 Budget Amendment totals $3,565,334.00. The estimated expenses and revenues included in the proposed amendment are shown below:

 

 

            ESTIMATED EXPENDITURES

                  General Fund                                               $             3,000.00

                  General Government Programs                      $             1,500.00

                  Emergency Communications Center              $       3,560,834.00

 

                  TOTAL ESTIMATED EXPENDITURES All Funds                  $   3,565,334.00

 

 

            ESTIMATED REVENUES

                  Local Revenues                                           $       3,064,673.00

                  State Revenues                                           $         252,778.00

                  Federal Revenues                                        $           23,501.00

                  ECC Fund Balance                                      $         224,382.00

 

                  TOTAL ESTIMATED REVENUES All Funds                         $   3,565,334.00

 

 

The budget amendment is comprised of four (4) separate appropriations, as indicated below:

         One (1) appropriation (#2006001) to provide funding for the Save the Fireworks organization and to forgive the remainder of the East Rivanna Volunteer Fire Station debt;

         One (1) appropriations (#2006002) in the amounts of $3,560,834.00 to formally appropriate operating funds to the Emergency Communications Center for FY 05/06;

         One (1) appropriation (#2006003) in the amount of $3,000.00 for various fire/rescue child safety initiatives; and

         One (1) appropriation (#2006004) in the amount of $1,500.00 for mental health and substance abuse services.

A detailed description of these requests is provided on Attachment A.

 

 

RECOMMENDATIONS:

Staff recommends approval of the FY 2006 Budget Amendment in the amount of $3,565,334.00, after the public hearing, and then approval of Appropriations #2006001, #2006002, #2006003, and #2006004, to provide for the ECC fund and for various General Government programs as described in Attachment A.

 

View Attachment A

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