COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Proposed FY 2008 Budget Amendment

 

SUBJECT/PROPOSAL/REQUEST:

Public Hearing on the Proposed FY 2008 Budget Amendment in the amount of $57,342,962.49 and request approval of amendment and of Appropriations #2008019, #2008020, #2008021, #2008022, #2008024, #2008026, #2008027, #2008028, #2008029 #2008030, and #2008031 for provide funding for various local government, school, ECC, and capital programs.

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, Breeden, Wiggans

 

LEGAL REVIEW:   Yes

 

 

AGENDA DATE:

October 3, 2007   

 

     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 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 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 2008 appropriations is $55,387,978.02.  Combined with the appropriations approved since July 1, the cumulative appropriation total exceeds one percent of the currently adopted budget requiring a budget amendment public hearing.

 

STRATEGIC PLAN:

Goal 5:  Develop a comprehensive funding strategy/plan to address the County’s growing needs.

 

DISCUSSION:

The proposed increase of this FY 2008 Budget Amendment totals $57,342,962.49.  The estimated expenses and revenues included in the proposed amendment are shown below:

 

ESTIMATED EXPENDITURES

                  General Fund                                                                        $          2,173,465.20

                  Special Revenue Funds                                                          $          2,039,372.29

                  School Fund                                                                         $            232,735.44

                  School Program Funds                                                          $            307,108.85

                  ECC Fund                                                                             $          1,076,496.42

                  Capital Fund                                                                         $        49,638,384.92

                  Stormwater Fund                                                                   $          1,875,399.37

                 

                  TOTAL ESTIMATED EXPENDITURES – All Funds                $         57,342,962.49

 

ESTIMATED REVENUES

                  Local Revenues (Fees, Contributions, Donations, Proffers)        $           1,125,666.77

                  State Revenue                                                                       $            939,795.49

                  Federal Revenue                                                                    $            543,378.75

                  Loan Proceeds                                                                      $        14,515,274.00

                  General Fund Balance                                                           $          2,072,369.20

                  Other Fund Balances                                                             $        38,146,478.28

                  TOTAL ESTIMATED REVENUES – All Funds                         $       57,342,962.49

 

The budget amendment is comprised of thirty-one (31) separate appropriations, twenty (20) of which have already been approved by the Board as indicated below:

 

            Approved July 11, 2007:

 

·         One (1) appropriation (#2008001) totaling $359,460.00 for a Department of Homeland Security Grant;

·         One (1) appropriation (#2008002) totaling $159,000.00 for a Riparian Buffer Restoration Grant;

·         One (1) appropriation (#2008003) appropriating $70,000.00 from the Glenmore Proffer for the Village of Rivanna Development Area Master Plan;

·         One (1) appropriation (#2008004) in the amount of $3,350.00 for a Circuit Court Clerk Records Preservation Grant;  and

·         One (1) appropriation (#2008005) in the amount of $60,000.00 providing funding to Habitat for Humanity from the Crozet Crossings Housing Trust Fund

 

Approved August 1, 2007:

 

·         One (1) appropriation (#2008006) totaling $18,946.00 for the State Criminal Alien Assistance Program;

·         One (1) appropriation (#2008007) totaling $24,881.10 in additional AHIP funding;

·         One (1) appropriation (#2008008) reappropriating $49,976.16 for Community Relations;

·         One (1) appropriation (#2008009) transferring $82,200.00 for additional motor vehicles from the General Fund to the Motor Vehicle Replacement Fund;

·         One (1) appropriation (#2008010) in the amount of $100,000.00 for the Commission on Children and Families’  Family Functional Therapy Grant;

·         One (1) appropriation (#2008011) in the amount of $4,793.00 for minor operating budget adjustments; and

·         One (1) appropriation (#2008012) reappropriating $1,865.00 in donated funds for Woodbrook Elementary School.

 

Approved September 5, 2007:

 

·         One (1) appropriation (#2008013) totaling $918,485.00 establishing the Commission on Children and Families FY08 budget;

·         One (1) appropriation (#2008014) in the amount of $12,000.00 for a Smoke Detector Grant;

·         One (1) appropriation (#2008015) receiving $3,800.00 in funding for an law student intern in the Commonwealth Attorney’s office;

·         One (1) appropriation (#2008016) totaling $67,382.00 for the Foothills Child Advocacy Center grant;

·         One (1) appropriation (#2008017) in the amount of $1,000.00 for a school donation; 

·         One (1) appropriation (#2008018) reappropriating $150,131.21 in local government grants;

·         One (1) appropriation (#2008023) totaling $10,000.00 for the JILL Study; and

·         One (1) appropriation (#2008025) pledging $50,000.00 in funding for the Boys & Girls Club capital project.

 

The eleven (11) new appropriations are as follows:

 

·         One (1) appropriation (#2008019) reappropriating $1,857,658.02 for outstanding purchase orders;

·         One (1) appropriation (#2008020) totaling $4,159.00 for a Police Department grants;

·         Two (2) appropriations (#2008021 and #2008024) totaling $12,328.00 for two Sheriff’s Department grants;

·         One (1) appropriation (#2008022) reappropriating $46,392.69 for two uncompleted grants;

·         One (1) appropriation (#2008026) reappropriating $196,168.00 in uncompleted ECC projects;

·         One (1) appropriation (#2008027) reappropriating $1,575,243.91 in uncompleted General Government projects and $152,933.90 for the Wellness Program in the Health Insurance Fund;

·         One (1) appropriation (#2008028) reappropriating $46,804,068.37 for general government capital projects;

·         One (1) appropriation (#2008029) reappropriating $1,875,399.37 for storm water projects;

·         One (1) appropriation (#2008030) reappropriating $2,834,316.55 for school capital projects; and

·         One (1) appropriation (#2008031) appropriating $32,679.21 to repair Monticello Fire Station apparatus from insurance proceeds.

 

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

 

 

RECOMMENDATIONS:

Staff recommends approval of the FY 2008 Budget Amendment in the amount of $57,342,962.49 after the public hearing, and then approval of Appropriations #2008019, #2008020, #2008021, #2008022, #2008024, #2008026, #2008027, #2008028, #2008029, #2008030, and #2008031 to provide funds for various local government, school, and capital projects and programs as described in Attachment A.

 

ATTACHMENTS:

A – Proposed appropriations

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