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 $728,041.96 and request approval of amendment and of Appropriations #2006085, #2006086, #2006087,  #2006088, #2006089, and #2006090 to provide funding for various General Government, School, ECC, and Capital programs.

 

STAFF CONTACT(S):

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

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

July 5, 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 $728,041.96. The estimated expenses and revenues included in the proposed amendment are shown below:

 

            ESTIMATED EXPENDITURES

                  Special Revenue Funds                                                          $            133,052.82

                  Education Fund                                                                    $               4,940.00    

                  Education Programs                                                              $             418,094.14

                  Capital Improvements Fund                                                    $               10,091.00

                  Emergency Communications Center                                       $             161,864.00

 

                  TOTAL ESTIMATED EXPENDITURES All Funds                $             728,041.96

 

            ESTIMATED REVENUES

                  Local Revenues                                                                     $               57,714.34 

                  State Revenues                                                                    $               41,141.64

                  Federal Revenues                                                                  $             505,315.69

                  Other Fund Balance                                                               $            123,870.29

 

                  TOTAL ESTIMATED REVENUES All Funds                         $             728,041.96

 

 

The budget amendment is comprised of ten (10) separate appropriations, four (4) of which have already been approved by the Board as indicated below:

 

Approved June 14, 2006

 

         One (1) appropriation (#2006081) totaling $99,077.39 for education donations and programs;

         Two (2) appropriations (#2006082 and #2006084) totaling $33,753.84 for Police Department grants; and

         One (1) appropriation (#2006083) appropriating $33,298.98 in funds for three drug seized asset accounts.

 

The six (6) new appropriations are as follows:

 

         Two (2) appropriations (#2006085 and #2006090) totaling $334,047.75 for education donations and programs;

         One (1) appropriation (#2006086) in the amount of $116,364.00 for the Nextel/800 MHz radio interface at the Emergency Communications Center (ECC);

         One (1) appropriation (#2006087) totaling $66,000.00 for a Police Department grant;

         One (1) appropriation (#2006088) in the amount of $45,500.00 to purchase additional user licenses for ECC; and

         One (1) appropriation (#2006089) to adjust the School Capital Improvements Program.

 

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

 

 

RECOMMENDATIONS:

After the public hearing, staff recommends that the Board approve the FY 2006 Budget Amendment in the amount of $728,041.96 and approve Appropriations #2006085, #2006086, #2006087, #2006088, #2006089, and #2006090 to provide funds for various General Government, School, ECC and Capital Improvement programs as described in Attachment A.

 

Attachment A

Return to regular agenda