PUBLIC HEARING AGENDA REQUEST

Department, Organization or                                                           Board of Supervisors

Person Making Request                                                                            Meeting Date:

Finance Committee                                                                                  January 21, 2003

Staff Lead:                                                                                                 Department:

Bryan Tippie, Director                                                                             Budget Office

Topic: 

A Resolution to Amend the  FY 2003 Adopted Budget in the Amount of $1,251,882

Topic Description:

The Code of Virginia requires a public hearing when amendments to the budget exceed the lesser of $500,000 or 1% of the total budget.  Various budget related issues in the amount of $1,251,882 have been identified which require a public hearing.

The following budget related issues to be subject to the public hearing have been reviewed and recommended for approval by the Finance Committee.   

Amount Source of Funds Issue

 

 

 

FY 2003

 

 

$1,443

Federal Funds

Share of Forfeiture Proceeds – Sheriff’s Office

$26,905

State Funds

Bright Stars – Schools

$2,000

Carryover – Fund Balance

FY 2002 Opportunity Grant Funds – Schools

$4,105

Carryover – Fund Balance

Federal E-Rate Funds – Schools

$83,969

Carryover – Fund Balance

Standards of Learning Training Initiative State Funds – Schools

$15,318

Carryover – Fund Balance

Drop Out Prevention State Funds – Schools

$63,792

Carryover – Fund Balance

Standards of Learning Teacher Materials State Funds – Schools

$18,737

Carryover – Fund Balance

Reserve for Encumbrance for Marshall Middle School – Schools

$70,445

Federal Funds

Adult Basic Education Grant – Schools

$965,168

Carryover – Fund Balance

Half of School Division’s FY 2002 Year End Balance - Schools


$1,251,882

 

TOTAL

 Requested Action of the Board of Supervisors: 

Consider adoption of the attached resolution.

Financial Impacts Analysis: 

Financial impact as indicated.

Identify Any Other Departments, Organizations or Individuals That Would be Affected by This Request: 

Sheriff

School Division

RESOLUTION

A RESOLUTION TO AMEND THE

 FY 2003 ADOPTED BUDGET IN THE AMOUNT OF $1,251,882

            WHEREAS, the Board of Supervisors is charged by the Code of Virginia with the preparation of an annual budget for Fauquier County ; and

            WHEREAS, the Fauquier County Board of Supervisors adopted the Fauquier County FY 2003 Budget on March 25, 2002 ; and

            WHEREAS, during the course of the fiscal year certain events occur which necessitate changing the budget plan by increasing or decreasing the total budget; and

                WHEREAS, the Finance Committee has recommended FY 2003 appropriation of $1,251,882 for the purposes set forth below; and

            WHEREAS, the Code of Virginia requires local jurisdictions to hold a public hearing for any amendment to the adopted budget exceeding the lesser of $500,000 or 1% of the total budget, which is scheduled for January 21, 2003; now, therefore, be it

            RESOLVED by the Fauquier County Board of Supervisors this 21st day of January 2003, That the County Administrator be, and is hereby, directed to consider amending the Fauquier County FY 2003 Budget in the amount of $1,251,882 as follows:

 

 

 

FROM

 

 

 

 

 

TO

 

 

 

Source

 

Code

 

Amount

 

Department

 

Code

 

Amount

 

FY 2003

 

 

 

 

 

 

 

 

 

 

Federal Funds

 

3-100-331000-0040

 

$1,443

 

Sheriff’s Office

 

4-100-031230-8201

 

$1,443

 

State Funds

 

3-205-242000-0081

 

$26,905

 

School Division

 

4-100-053140-5718

 

$26,905

 

Fund Balance Carryover

 

3-100-419000-0010

 

$2,000

 

School Division

 

4-205-061100-3500-200-002-000

 

$2,000

 

Fund Balance Carryover

 

 

3-100-419000-0010

 

$4,105

 

School Division

 

4-205-061355-8212-200-001-000

 

$4,105

Fund Balance Carryover

 

 

3-100-419000-0010

 

$83,969

 

School Division

 

4-205-061310-5541-200-001-000

 

$83,969

 

Fund Balance Carryover

 

 

3-100-419000-0010

 

$15,318

 

School Division

 

4-205-061100-1121-300-005-470

 

$15,318

Fund Balance Carryover

 

3-100-419000-0010

 

$63,792

 

School Division

 

4-205-061310-6027-300-001-000

 

 

$63,792

 

Fund Balance Carryover

 

 

3-100-419000-0010

 

$18,737

 

School Division

 

4-205-061100-8200-302-001-000

 

 

$18,737

Fund Balance Carryover

 

 

3-100-419000-0010

 

$70,445

 

School Division

 

4-205-61100-1121-300-005-455

4-205-61100-1150-300-005-455

4-205-61100-2100-300-005-455

4-205-061100-2210-300-005-455

4-205-061100-2310-300-005-455

4-205-061100-2720-300-005-455

4-205-061100-5540-300-005-455

4-205-061100-6013-300-005-455

 

 

$36,500

$19,200

$4,262

$3,446

$4,020

$24

$2,000

$993

Fund Balance Carryover

 

 

3-100-419000-0010

 

$965,168

 

School Division

 

4-205-061100-1000

 

 

$965,168

 

TOTAL

 

 

 

$1,251,882

 

TOTAL

 

 

 

$1,251,882