COUNTY OF ALBEMARLE
EXECUTIVE SUMMARY
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AGENDA TITLE: Requested FY 2006 Budget Appropriations
SUBJECT/PROPOSAL/REQUEST: Request approval of appropriation #2006097 totaling $172,523.24 for various local government programs
STAFF CONTACT(S): Messrs. Tucker, Davis, Breeden, Wiggans; Ms. White
LEGAL REVIEW: Yes
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AGENDA DATE: November 1, 2006
ACTION: INFORMATION:
CONSENT AGENDA: ACTION: X INFORMATION:
ATTACHMENTS: Yes
REVIEWED BY:
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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 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 this requested FY 2006 appropriations is $172,523.24 and will not require a budget amendment public hearing at this time. Should subsequent FY 2006 appropriations total more than $327,476.76, this appropriation would be incorporated into a budget amendment public hearing at that time.
STRATEGIC PLAN:
Develop a comprehensive strategy/plan for funding future needs.
DISCUSSION:
This request involves the approval of one (1) new FY 2006 appropriations as follows:
A detailed description of this appropriation is provided on Attachment A.
Staff recommends approval of the FY 2006 Appropriation #2006097.
ATTACHMENTS
Return to consent agenda
Return to regular agenda