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 $806,085.28 and request approval of amendment and of Appropriations #2006037, #2006038, #2006039,  #2006040, and #2006041 to provide funding for various General Government, Capital, School, and ECC Programs.

 

STAFF CONTACT(S):

Messrs. Tucker, Davis, Breeden, Wiggans; Ms. White

 

LEGAL REVIEW:   Yes

 

 

AGENDA DATE:

January 4, 2006

 

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 $806,085.28. The estimated expenses and revenues included in the proposed amendment are shown below:

 

            ESTIMATED EXPENDITURES

                  General Fund                                                                        $             103,882.74

                  Local Government Programs/Grants                                          $         485,680.75

                  Education Fund                                                                    $             16,062.87

                  Education Programs/Grants                                                   $             126,311.31

                  ECC                                                                                     $               20,150.61

                  Capital Improvement Program                                                 $              53,997.00

 

                  TOTAL ESTIMATED EXPENDITURES All Funds                $             806,085.28

 

            ESTIMATED REVENUES

                  Local Revenues                                                                     $             146,790.61 

                  State Revenues                                                                    $                3,231.33

                  Federal Revenues                                                                 $             166,659.66

                  General Fund Balance                                                           $               37,500.00

                  Other Fund Balance                                                               $            451,903.68

 

                  TOTAL ESTIMATED REVENUES All Funds                         $             806,085.28

 

The budget amendment is comprised of fourteen (14) separate appropriations, nine (9) of which have already been approved by the Board as indicated below:

 

           Approved December 7, 2005:

 

         One (1) appropriation (#2006028) reappropriates $9,950.61 in unexpended funds for the CERT Grant;

         One (1) appropriation (#2006029) totaling $19,500.00 for three public safety grants;

         Four (4) appropriations (#2006030, #2006031, #2006032, and #2006033) totaling $88,507.40 for various education programs;

         One (1) appropriation (#2006034) reappropriates $26,747.00 in unexpended funds and appropriates $27,050.00 in additional funds within the General Government Vehicle Replacement Fund;

         One (1) appropriation (#2006035) in the amount of $7,000.00 for an Emergency Medical Services grant; and

         One (1) appropriation (#2006036) distributing the salary contingency approved during the FY05/06 budget process.

 

The five (5) new appropriations are as follows:

 

         One (1) appropriation (#2006037) totaling $427,856.09 reappropriating funds for the Physical Fitness Equipment Grant;

         Two (2) appropriations (#2006038 and #2006039) totaling $114,274.18 for various Education Donations and Programs;

         One (1) appropriation (#2006040) in the amount of $75,000.00 funding the fire services consolidation study; and

         One (1) appropriation (#2006041) providing funding for the APCO Emergency Medical Dispatch system in the amount of $10,200.00

 

 

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 $806,085.28 after the public hearing, and then approval of Appropriations #2006037, #2006038, #2006039, #2006040, and #2006041 to provide funds for various General Government, School, and ECC programs as described in Attachment A.

 

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