HomeMy Public PortalAbout2010_04_13_O008 - Adopting the FY 2011 BudgetThe Town of
Leesburg,
Virginia
PRESENTED April 13.2010
ORDINANCE NO.: 2010-0-008 ADOPTED April 13.2010
AN ORDINANCE: ADOPTING THE BUDGET FOR F[SCAL YEAR 201 l; MAKING
APPROPRIATIONS FOR TF~ GENERAL FUND, UTII,ITIES FUND,
AIRPORT FUND, CAPTTAL PROJECTS FUND, IRWIN W. URAN FUND,
AND VALERIA SYMINGTON FUND; AUTHORIZING THE
CONTARIATION OF THE REVENUE STABILIZATION RESERVE;
AUTHORIZING SUPPLEMENTAL BUDGET AMENDMENTS AND
APPROPRIATIONS BY COUNCII. RESOLUTION; AND AUTHORIZING
AND DIRECTING THE TOWN MANAGER TO TAKE ALL STEPS
NECESSARY AND PRUDENT TO EFFECTUATE THE IMPLEMENTATION
OF THIS ORDINANCE
BE IT ORDAINED by the Council of the Town of Leesburg, Vvginia as follows:
SECTION 1. The budge[ for the fiscal year beginning July I, 2010; and ending June 30, 2011, is
hereby adopted to include the adjusted totals in the categories and accounts of the General Fund in the
amount of $46,145,606; the Utilities Fund in the amount of $20,653,249; [he Airport Fund in [he amount
of $5,564,835; the Capital Projects Fund in the amount of $18,880,222; the Irwin W. Uran Fund in the
amount of $220,000; and the Valeria Symington Fund in the amount of $169,500.
SECTION 2. The amounts reflected in the budge[ for the fiscal year beginning July 1, 2010 and
ending June 3Q, 2011, are hereby appropriated to include the adjusted totals in the categories and accounts
to [he General Fund in the amount of $46,145,606; the Utilities Fund in the amount of $20,653,249; the
Airport Fund in the amount of $5,564,835; the Capital Projects Fund in the amount of $ ] 8,880,222; the
Irwin W. Uran Fund N the amount of $220,000; and the Valeria Symington Fund in the amount of
$169,500.
SECTION 3. The Revenue Stabilization Fund balance in the amount of $1,400,000 is hereby
committed for FY 2011.
SECTION 4. Any amendments [o [he budget or appropriations adopted herein may be enacted
by Town Council from time [o time.
_2.
AN ORDINANCE: ADOPTING THE BUDGET FOR FISCAL YEAR 2011; MAKING
APPROPRIATIONS FOR THE GENERAL FUND, UTILITIES FUND,
AIRPORT FUND, CAPITAL PROJECTS FUND, IRWIN W. URAN
FUND, AND VALERIA SYMINGTON FUND; AUTHORIZING THE
CONTINUATION OF THE REVENUE STABILIZATION RESERVE;
AUTHORIZING SUPPLEMENTAL BUDGET AMENDMENTS AND
APPROPRIATIONS BY COUNCIL RESOLUTION; AND
AUTHORIZING AND DIRECTING THE TOWN MANAGER TO TAKE
ALL STEPS NECESSARY AND PRUDENT TO EFFECTUATE THE
IMPLEMENTATION OF THIS ORDINANCE
SECTION 5. The Town Manager is hereby authorized and drreaed to take all appropriate
administrative actions necessary and prudent to effectuate implementation of this ordinance including, but
not limited to, transfemng money within and between funds, paying all short and long term deb[ due, and
establishing necessary encumbrances at fiscal year end.
SECTTON 6. All prior ordinances and resolutions in conflict herewith are hereby repealed.
SECTION 7, ff any provision of this ordinance is declared invalid, the decision shall no[ affect the
validity of the ordinance as a whole or any remaining provisions of the ordinance.
SECTION 8. This ordinance shall be effective 7uly I, 2010.
PASSED this 13'" day of Aoril' 2010.
~ {
A1~~ I
Clerk of Council
"~
/f~
Kn.. en C. Ums attd, Mayor
Town of Leesburg
P10rdi~nas\2010\0413 FY 2011 Budgn Apprapria[on Ordinenre.doc