COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Adoption of the FY 07/08 Operating and Capital Budgets

 

 

SUBJECT/PROPOSAL/REQUEST:

Request Board Adoption of the FY 07/08 Operating and Capital Budgets

 

 STAFF CONTACT(S):

Tucker, White, Davis, Breeden

 

 LEGAL REVIEW:   Yes

 

 

AGENDA DATE:

April 11, 2007

 

ACTION:     X                        INFORMATION:   

 

CONSENT AGENDA:

     ACTION:                           INFORMATION:   

 

 

ATTACHMENTS:   Yes

 

 

REVIEWED BY:

 

 

BACKGROUND:

On April 4th, a public hearing was held on the Board of Supervisors’ Proposed FY 07/08 Operating and Capital Budgets.

 

 

STRATEGIC PLAN:

5.1 Develop a comprehensive funding strategy/plan to address the County’s growing needs.

 

 

DISCUSSION:

The FY 07/08 Operating and Capital budgets total $309,937,194. This amount reflects the County Executive’s Recommended Budget plus changes made during the Board’s Work Sessions. The attached resolution (Attachment A) formally approves the total proposed expenditures of $309,937,194 for FY 07/08. Attachment B details the adjustments made to the County Executive’s Recommended Budget.

 

 

RECOMMENDATIONS:

If the Board has no additions or deletions, staff requests adoption of the FY 07/08 Operating and Capital budgets.

 

 

ATTACHMENTS

Attachment A – Budget Resolution

Attachment B – Summary of Changes
Return to regular agenda