RESOLUTION

A RESOLUTION TO AUTHORIZE A PUBLIC HEARING TO AMEND THE

FY 2002 ADOPTED BUDGET IN THE AMOUNT OF $2,428,620

WHEREAS, the Board of Supervisors is charged by the Code of Virginia with the preparation of an annual budget for Fauquier County and 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, in September of 2000 the Board of Supervisors approved the establishment of Construction Reserves for both the General County Government and the School Division with funding from the prior year fund balances; and

WHEREAS, the Finance Committee has reviewed this issue and recommended appropriation of $2,428,620 from FY 2001 fund balances in accordance with the original resolution; 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 one percent (1% ) to the total budget; now, therefore, be it

RESOLVED by the Fauquier County Board of Supervisors this 18^th day of March 2002, That the County Administrator be, and is hereby, directed to advertise a public hearing to consider amending the Fauquier County FY 2002 Budget in the amount of $2,428,620.

	FROM			TO
Source	Code	Amount	Department	Code	Amount
Fund Balance/ Carryover	3-100-419000-0010	$863,929	School Division	4-302-091400-0205	$863,929
Fund Balance/ Carryover	3-100-419000-0010	$1,564,691	General County Government	4-302-091400-0100	$1,564,691
TOTAL		$2,428,620		TOTAL	$2,428,620

FROM

Source