Finance Budget amendment RESOLUTION

RESOLUTION

A RESOLUTION AUTHORIZING A PUBLIC HEARING TO AMEND THE

FY 2002 ADOPTED BUDGET IN THE AMOUNT OF $1,137,440 AND THE FY 2003 ADOPTED BUDGET IN THE AMOUNT OF $2,328,039

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 2002 Budget on March 19, 2001, and the 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 2002 appropriation of

$656,789 and transfer of $480,651 and FY 2003 appropriation of $2,323,775 and transfer of $4,264 for the purposes set 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; now, therefore, be it

RESOLVED by the Fauquier County Board of Supervisors this 15^th day of July 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 $1,137,440 and the FY 2003 Budget in the amount of $2,328,039.

FY 2002

Amount	Source of Funds	Issue
$1,237	Federal	Share of Forfeiture Proceeds – Drug Enforcement Agency (DEA)
$2,764	Federal	DEA Overtime Reimbursement
$511,116	Bond Proceeds	Emergency Radio System
$4,588	Federal	New Baltimore Branch Library CIP
$5,132	State	Wireless – Telephone Expenses
$30,000	Contingency Reserve	Financial Impact Model
$101,162	Contingency Reserve	E-Gov Phase 3
$790	Contingency Reserve	Fauquier Housing Corp. Reimbursement
$54,000	School Funds	Classroom Furniture for new modular classrooms
$154,818	School Construction Funds	Lease & Set Up Modular Classrooms at LHS and FHS (5 each school)
$206,833	School Construction Funds	Repair/Upgrade Canopies at 5 Elementary Schools
$65,000	Information Resources Budget	Technology Fiber Connections
FY 2003
$243,937	State Funds	Digital Imaging – Clerk of Circuit Court
$18,375	State Funds	Victims of Crime Act Grant – Social Services
$31,330	User Fees	Lake Brittle Operation – P&R
$3,933	Carryover – Fund Balance	Lake Brittle Operation – P&R
$11,200	Carryover – Fund Balance	Software Training and Installation Services – Comprehensive Services Act (CSA)
$15,000	Contingency Reserve	Board of Equalization
$2,000,000	Real Estate Revenue	Renovation of 320 Hospital Hill, Warren Green and County Courthouse
$4,264	Joint Communications Fund	Generator Upgrade

$3,465,479		TOTAL

FY 2002

Amount

Source of Funds

Issue

FY 2003