COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Adoption of the FY 09/10 Operating and Capital Budgets

 

 

SUBJECT/PROPOSAL/REQUEST:

Request Board Adoption of the FY 09/10 Operating and Capital Budgets

 

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, and Wiggans

 

 

 

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

April 8, 2009

 

ACTION:     X          INFORMATION:   

 

CONSENT AGENDA:

  ACTION:              INFORMATION:   

 

 

ATTACHMENTS:   Yes

 

 

REVIEWED BY:

 

 


 

BACKGROUND:

On April 1st, a public hearing was held on the Board of Supervisors’ Proposed FY 09/10 Operating and Capital Budgets.

 

 

STRATEGIC PLAN:

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

 

 

DISCUSSION:

The FY 09/10 Operating and Capital budgets total $303,723,333. This amount reflects the County Executive’s Recommended Budget plus changes made during the Board’s work sessions. These changes are summarized below:

 

 

The attached resolution (Attachment A) formally approves the total proposed expenditures of $303,723,333 for FY 09/10. Attachment B details the adjustments made to the County Executive’s Recommended Budget.

 

 

BUDGET IMPACT:

Not applicable

 

 

RECOMMENDATIONS:

If the Board has no additions or deletions, staff requests adoption of the FY 09/10 Operating and Capital Budgets.

 

 

ATTACHMENTS

Attachment A – Budget Resolution

Attachment B – Summary of Changes

Return to regular agenda