CONSENT AGENDA REQUEST
March 18, 2002
Or Person Making Request
A Resolution to Authorize
a Public Hearing to Amend the FY 2002 Budget in the Amount of $2,428,620
The Code of Virginia requires a public hearing when
amendments to the budget exceed the lesser of $500,000 or one percent
(1%) of the total budget. The
Board of Supervisors has approved resolutions, which establish
construction reserves for both the School Division and the General
County Government from the prior year fund balances.
An amount of $2,428,620 has been identified for these reserves
from FY 2001 and therefore requires 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.
Requested Action of the Board of Supervisors:
Consider adopting the attached Resolution.
Financial Impacts Analysis:
Financial impact as indicated.
Any Other Departments, Organizations or Individuals That Would be
Affected by This Request:
For implementation, actions would also affect the
General Government, School Division, and Capital Improvements Funds.