HomeMy Public PortalAbout1991_01_22_R024Leesb~rg in ~rirginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED January 22, 1991
91-24 ADOPTED January 22, 1991
AUTHORIZING THE AMENDMENT OF THE GENERAL FUND BUDGET
FOR THE FISCAL YEAR ENDING JUNE 30, 1991
WHEREAS, the town recently concluded operations for the second quarter of fiscal year 1991; and
WHEREAS, an evaluation of the town's financial performance has been made in a memorandum
to Council dated Januaw 14, 1991, for the conclusion of the fiscal year; and
WHEREAS, due to the present economic climate facing Leesburg today as well as a continuance
of this economic condition into the future, it is recommended that the General Fund budget be amended
to incorporate changes identified in the attached Fund Balance Projection; and
WHEREAS, Council will continue to review the town's budget on a monthly basis:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
The budget for the General Fund is hereby amended to provide for the eli~nination of the amonn[s
identified on the attached Fund Balance Projection.
PASSED this 22nd day of
ATTEST:
January , 199d.
Robert E. Sevila, Mayor
Town of Leesburg
R:Gen-Fund-Bud
Sc~duI~ 2
GENERAL FUNB
FUND BALANCE PROJECTION
FY 1991
DESCRIPTION
REVENUES
BUDGETED
FY 1791
FUND BALANCE FUND BALANCE
PROJECTION PROJECTION
ACTUAL WITH OUT ADJ. PROPOSED WITH ADJ.
18-31-90 FY 1791 ADJUSTMENTS FY 1991
PROPERTY TAXES
OTHER LOCAL TAXES
PERMITS, FEES & LICENSES
FINES & FORFEITS
REVENUE FROM USE OF PROPERTY
PUBLICATIONS
MISCELLANEOUS
TRANSFERS FROM OTHER FUNDS
REVENUE FROM THE COMMONWEALTH
PARKS & RECREATION FEES
TOTAL GENERAL FUND REVENUE
3,447,100 3,371,750 3,380,385
8,398,?85 417,878 8,147,000
1,818,500 186,894 1,657,500
180,000 74,917 150,000
730,756 92,882 630,700 (450,000)
5,000 q,589 7,000
75,000 43,182 100,000
708,000 350,508 708,000 168,597
955,207 578,770 900,8?8
473,175 196,474 415,600
........................................
10,785,663 5,336,518 t0,0%,423 (887,403)
........................................
3,380,385
8,147,000
1,657 500
150000
180.700
7 000
100,000
870 5?7
900:898
415 600
EXPENDITURES
IOWN COUNCIL
CLERK OF COUNCIL
TOWN MANAGER
PERSONNEL
TOWN ATTORNEY
FINANCE
CABLE TV COMMISSION
ENVIRONMENTAL ADVISORY COMMISSION
POLICE
ENGINEERING & INSPECTIONS
PUBLIC WORKS ADMINISTRATION
STREET MAINTENANCE
STORM DRAINAGE
STREET LIGHTS
PARKING METERS & LOTS
REFUSE COLLECTION
MAINTENANCE OF BUILDINGS & GROUNDS
EQUIPMENT MAINTENANCE
PARKS & RECREATION
IDA LEE RECREATION CENTER
PLANNING & ZONING
ECONOMIC DEVELOPMENT
NON-DEPARTMENTAL
DEBT SERVICE
TOTAL GENERAL FUND EXPENDITURES
EXCESS OF REVENUES OVER EXPENDITURES
91,803
101,358
358,404
34,800
95,150
483,502
3,880
4,425
1,846,163
234,571
838,708
11,500
117 659
8 000
956,000
130 500
388,188
837 455
53~,670
774,968
19,281
582,685
1,888,662
10,421,887
364,376
41,934 91,803 15,000 76,803
46,358 101,358 8,500 92,858
806,031 352,404 10,567 341,837
8,035 34,800 I1,000 83,800
30,748 95,150 30,000 65,150
305,875 483,508 13,000 470,508
1,615 3,880 0 3,880
2,168 4,425 0 4,425
961,944 1,046,163 58,000 1,788,163
379,110 764,227 13,700 750,527
109,385 234,571 5,750 228,821
373,802 838,208 111,100 787,608
18,583 20,000 7,500 4,000
17,448 116,000 0 117,659
45 200 1,500 500
440,169 1,056,000 0 956,000
16,606 130,500 43,000 8?,500
836,839 388,188 11,250 370,938
118,808 837,455 18,400 285,055
878,407 550,000 36,100 498,570
364,864 774,962 24,900 750,062
8,0?? 19,881 4,800 14,481
60,088 483,685 814,180 308,565
883,9?5 1,771,650 0 1,888,668
........................................
4,848,9?7 10,385,146 638,187 9,789,100
487,535 (828,723) 19,920
BEGINNING FUND BALANCE 851,933 251,933 251,933 851,933
PRIOR YEAR EXPENDITURES 83,778 73,151 83,772 83,778
ENDING FUND BALANCE 538,53? 666,317 (60,568) 188,08i