COUNTY OF ALBEMARLE
Requested FY 2008 Appropriation
Approval of Appropriation #2008083 for school grants and programs
Messrs. Tucker, Foley, Kamptner, and Wiggans
LEGAL REVIEW: Yes
September 3, 2008
ACTION: X INFORMATION:
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 $269,089.45. A budget amendment public hearing is not required because the cumulative appropriations will not exceed one percent of the currently adopted budget.
Goal 5. Develop a comprehensive funding strategy/plan to address the County’s growing needs
This request involves the approval of one (1) new FY 2008 appropriation as follows:
Staff recommends the approval of the budget amendment in the amount of $269,089.45 and the approval of the FY 2008 Appropriation #2008083.
Return to consent agenda
Return to regular agenda