COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Requested FY 2008 Appropriations

 

 

SUBJECT/PROPOSAL/REQUEST:

Request approval of Appropriations #2008045, #2008046, #2008047, #2008048, #2008049, #2008050, and #2008051 totaling $1,364,798.32 for various local government, school, capital, and ECC programs.

 

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, and Wiggans,

Ms. Vinzant

 

 

LEGAL REVIEW:  Yes

 

 

AGENDA DATE:

February 6, 2008

 

         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 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 this requested FY 2008 appropriation is $1,364,798.32. A budget amendment public hearing will be required if future additional cumulative appropriations exceed one percent of the currently adopted budget

 

STRATEGIC PLAN:

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

 

DISCUSSION:

This request involves the approval of seven (7) new FY 2008 appropriations as follows:

 

 

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

 

RECOMMENDATIONS:

Staff recommends the approval of the budget amendment in the amount of $1,364,798.32 and the approval of the FY 2008 Appropriations #2008045, #2008046, #2008047, #2008048, #2008049, #2008050, and #2008051.

 

ATTACHMENTS

A – Proposed Appropriations
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