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 $ 18,676,310.43 and approval of Budget Amendment and Appropriations #2010037, #2010039, #2010040, #2010041, #2010042, #2010043, #2010044, #2010045, #2010046, #2010047, #2010048, and #2010049 to provide funding for various local government, school, and capital programs.

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, Wiggans, and Letteri

 

LEGAL REVIEW:   Yes

 

AGENDA DATE:

November 4, 2009

 

 

ACTION:     X          INFORMATION:   

 

 

CONSENT AGENDA:

  ACTION:              INFORMATION:   

 

 

ATTACHMENTS:   YES

 

 

REVIEWED BY:

 


 

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; provided, 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 $18,676,310.43.  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 $18,676,310.43. The estimated expenses and revenues included in the proposed amendment are shown below:

                                                                                                                                            

ESTIMATED EXPENDITURES

                 General Fund                                                                                                $      25,000.00 

                 Special Revenue Funds                                                                                  $    340,903.00 

                 Emergency Communication Center Funds                                                       $     579,710.00

                 Capital Improvements Funds                                                                           $16,417,230.06 

                 Storm Water Fund                                                                                         $  1,313,467.37             

                                                                                                             

                 TOTAL ESTIMATED EXPENDITURES – All Funds                                         $18,676,310.43 

                

ESTIMATED REVENUES

                 Local Revenues (Fees, Contributions, Donations)                                             $     155,324.75

                 State Revenue                                                                                               $     230,940.00

                 Federal Revenue                                                                                            $     409,591.44

                 Loan Proceeds                                                                                              $     250,000.00

                 Other Fund Balances                                                                                     $17,630,454.24 

 

                 TOTAL ESTIMATED REVENUES – All Funds                                                 $18,676,310.43 

 

                                                                                                                                                           

The budget amendment is comprised of thirteen (13) separate appropriations, one of which was approved at the Board’s October 14, 2009 meeting.

 

Approved on October 14, 2009:

·         One (1) appropriation (#2010038) totaling $171,000, reappropriating an uncompleted local government project from FY09;

 

Twelve (12) new appropriations are as follows:

·         One (1) appropriation (#2010037) totaling $113,508.00 for various public safety grants;

·         One (1) appropriation (#2010039) totaling $56,850.00 for a Dept. of Health grant to Fire/Rescue;

·         One (1) appropriation (#2010040) totaling $579,710.00 for a VITA grant to ECC and ECC projects;

·         One (1) appropriation (#2010041) totaling $59,440.00 for the salary of the Foothills Grant Project Director;

·         One (1) appropriation (#2010042) totaling $14,682,202.17 reappropriating uncompleted local government capital projects from FY09

·         One (1) appropriation (#2010043) totaling $ 1,452,731.14 reappropriating uncompleted school capital projects from FY09

·         One (1) appropriation (#2010044) totaling $1,313,467.37 reappropriating uncompleted stormwater projects from FY09

·         One (1) appropriation (#2010045) totaling $2,200.00 for a DCJS grant to the Commission on Children and Families;

·         One (1) appropriation (#2010046) totaling $165,755.00 for a DCJS grant to OAR/JACC;

·         One (1) appropriation (#2010047) totaling $4,446.75 for education projects; and

·         One (1) appropriation (#2010048) totaling $25,000.00 to reimburse local government for training of school division employees;

·         One (1) appropriation (#2010049) totaling $50,000.00 for the payment of the SPCA agreement’s capital contribution

 

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

 

RECOMMENDATIONS:

Staff recommends approval of the FY 2010 Budget Amendment in the amount of $18,676,310.43 after the public hearing, and then approval of Appropriations #2010037, #2010039, #2010040, #2010041, #2010042, #2010043, #2010044, #2010045, #2010046, #2010047, #2010048, and #2010049 to provide funds for various local government and school projects and programs as described in Attachment A.

 

ATTACHMENTS

A – Description of Appropriations

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