RESOLUTION

A RESOLUTION 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 resolutions; 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% to the total budget which is scheduled to be held April 15, 2002; now, therefore, be it

            RESOLVED by the Fauquier County Board of Supervisors this 15th day of April 2002, That the County Administrator be, and is hereby, directed 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