COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

FY 2010 Budget Amendment

 

SUBJECT/PROPOSAL/REQUEST:

Public Hearing on the Proposed FY 2010 Budget Amendment in the amount of $3,132,193.72 and request approval of Appropriation #2010007 and #2010008 to provide funding for Education and Emergency Communications Center programs

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, Wiggans

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

July 8, 2009

 

ACTION:     X          INFORMATION:   

 

CONSENT AGENDA:

  ACTION:              INFORMATION:   

 

 

ATTACHMENTS:   Yes

 

 

REVIEWED BY:

 


 

BACKGROUND:

Virginia Code § 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 the new requested FY 2010 appropriations, itemized below, is $3,132,193.72.  Because the cumulative amount of the appropriations exceeds one percent of the currently adopted budget, a budget amendment public hearing is required. 

 

STRATEGIC PLAN:

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

 

DISCUSSION:

The proposed increase of this FY 2010 Budget Amendment totals $3,132,193.72.  The estimated expenses and revenues included in the proposed amendment are shown below:

                                                                                                                                                                                                                                                                                         

ESTIMATED EXPENDITURES

                  School Fund                                                                         $            (755,398.00)

                  School Program Fund                                                            $          3,392,591.72

                  Emergency Communications Center                                       $           495,000.00

                  TOTAL ESTIMATED EXPENDITURES – All Funds                $          3,132,193.72

 

 

ESTIMATED REVENUES

                  Federal Revenue                                                                    $          2,637,193.72

                  Other Fund Balance                                                               $             495,000.00

                  TOTAL ESTIMATED REVENUES – All Funds                        $          3,132,193.72

 

The budget amendment comprised of two new appropriations as indicated below:

·   One (1) appropriation (#2010007) providing $495,000.00 for the Emergency Communication Center’s Fire/Rescue Paging project; and

·   One (1) appropriation (#2010008) recognizing American Recovery and Reinvestment Act of 2009 (ARRA) funding for the School Division totaling $2,637,193.72.

 

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

 

RECOMMENDATIONS:

After the public hearing on the FY 2010 Budget Amendment, staff recommends approval of Appropriations #2010007 and #2010008 in the total amount of $3,132,193.72 to provide funds for school and Emergency Communications Center projects and programs as described in Attachment A.

 

ATTACHMENTS

Attachment A

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