BACKGROUND:

Virginia Code § 15.2-2507 provides 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 08/09 appropriation is $817,436.34. A budget amendment public hearing is not required because the cumulative appropriations will not exceed one percent of the currently adopted BY 08/09 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 one (1) new FY 08/09 appropriation as follows:

·         One (1) appropriation (#2009069) for General Fund over expenditures in the amount of $817,436.34.

RECOMMENDATIONS:

Staff recommends the approval of the FY 08/09 Appropriation #2009069 totaling $817,436.34.

ATTACHMENTS

Attachment A – Description of Appropriation