HomeMy Public PortalAbout2020_03_24_O006 Adoption of Fiscal Year 2021 BudgetThe Town of
Leesburg,
Virginia
ORDINANCE NO. 2020-0-006
PRESENTED: March 24, 2020
ADOPTED: March 24, 2020
AN ORDINANCE: ADOPTING THE BUDGET FOR FISCAL YEAR 2021; MAKING
APPROPRIATIONS FOR FISCAL YEAR 2021 FOR THE GENERAL
FUND, UTILITIES FUND, CAPITAL PROJECTS FUND, AND
NORTHERN VIRGINIA TRANSPORTATION AUTHORITY (NVTA)
FUND; AMENDMENTS TO THE BUDGET AND SUPPLEMENTAL
APPROPRIATIONS BY COUNCIL RESOLUTION; AND
AUTHORIZING AND DIRECTING THE TOWN MANAGER TO TAKE
ALL STEPS NECESSARY AND PRUDENT TO EFFECTUATE THE
IMPLEMENTATION OF THE ORDINANCE
The Council of the Town of Leesburg in Virginia hereby ordains:
SECTION I. The budget for the fiscal year beginning July 1, 2020, and ending
June 30, 2021, is hereby adopted to include the total of$143,954,144 in the categories and accounts
of the General Fund in the amount of $62,520,513; the Utilities Fund in the amount of $33,990,931;
the Capital Projects Fund in the amount of $41,086,800; and the Northern Virginia Transportation
Authority (NVTA) Fund in the amount of$6,355,900.
SECTION II. The amounts reflected in the budget for the fiscal year beginning
July 1, 2020, and ending June 30, 2021, are hereby appropriated a total of $143,954,144 in the
categories and accounts of the General Fund in the amount of $62,520,513; the Utilities Fund in
the amount of $33,990,931; the Capital Projects Fund in the amount of $41,086,800; and the
Northern Virgini~ Transportation Authority (NVTA) Fund in the amount of $6,355,900.
SECTION III. Any amendments to the budget or supplemental appropriations adopted
herein may be enacted by the Town Council by resolution from time to time.
SECTION IV. The Town Manager is hereby authorized and directed to take all
appropriate administrative actions necessary and prudent to effectuate implementation of this
ordinance including, but not limited to, transferring money within and between funds, paying all
short and long term debt due, and re-appropriating and establishing necessary encumbrances
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AN ORDINANCE: ADOPTING THE BUDGET FOR FISCAL YEAR 2021; MAKING
APPROPRIATIONS FOR FISCAL YEAR 2021 FOR THE GENERAL
FUND, UTILITIES FUND, CAPITAL PROJECTS FUND, AND
NORTHERN VIRGINIA TRANSPORTATION AUTHORITY (NVTA)
FUND; AMENDMENTS TO THE BUDGET AND SUPPLEMENTAL
APPROPRIATIONS BY COUNCIL RESOLUTION; AND
AUTHORIZING AND DIRECTING THE TOWN MANAGER TOT AKE
ALL STEPS NECESSARY AND PRUDENT TO EFFECTUATE THE
IMPLEMENTATION OF THE ORDINANCE
including purchase card transactions crossing fiscal years and grant funding balance and related
reservations of fund balance at fiscal year-end.
SECTION V. Appropriations designated for Capital Projects, unexpended as of
June 30, 2020, are hereby re-appropriated for those projects. The re-appropriation of these funds
is in addition to the appropriations for Capital Improvement Projects for Fiscal Year 2021. Upon
completion of a capital project, staff has authorization to close-out said project and transfer to the
source any remaining balances. This section applies to all existing appropriations for capital
projects at June 30, 2020 and appropriation for capital projects in Fiscal Year 2020 capital budgets.
SECTION VI. Any excess funding attributable to collected availability fees are hereby
held in an established reserve and restricted for future capital expenditures
SECTION VI. All prior ordinances and resolutions in conflict herewith are hereby
repealed.
SECTION VII. If any provision of this ordinance is declared invalid, the decision shall
not affect the validity of the ordinance as a whole or any remaining provisions of the ordinance.
SECTION VIII. This ordinance shall be effective July 1, 2020.
PASSED this 24th day of March, 2020.
ATTEST:
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Clerk of Council
LF\LeesburgRMS\Town_Clerk\Ordinances\2020\0324 Adoption ofFiscal Year 2021 Budget