COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Requested FY 2007 Appropriations

 

SUBJECT/PROPOSAL/REQUEST:

Request approval of Appropriations #2007021, #2007028, #2007029, #2007031, #2007032, and #2007033 totaling $328,419.96 for various local government and education programs.

 

STAFF CONTACT(S):

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

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

November 1, 2007

 

ACTION:                                  INFORMATION:   

 

CONSENT AGENDA:

  ACTION:     X                        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 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 FY 2007 appropriations is $328,419.96 and will not require a budget amendment public hearing at this time.  Should subsequent FY 2007 appropriations total more than $71,580.04, these six appropriations and one appropriation from the October 11, 2006 Board meeting 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 six (6) new FY 2007 appropriations as follows:

 

 

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

 

RECOMMENDATIONS:

Staff recommends approval of the FY 2007 Appropriations #2007021, #2007028, #2007029, #2007031, #2007032, and #2007033.

 

ATTACHMENTS

A-Requested Appropriations

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