HomeMy Public PortalAbout1991_06_25_R143The Town of
Leesburg,
Tirginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED June 25, 1991
91-143 ADOPTED June 25, 1991
APPROVING THE BUDGET AND MAKING APPROPRIATIONS
FISCAL YEAR ENDING JUNE 30, 1992.
FOR THE
WHEREAS, the budget and tax rates for the fiscal year ending June 30, 1992, have been presented
and reviewed by this Council; and
WHEREAS, a public hearing on the proposed budget and tax rates was held on May 14, 1991; and
WHEREAS, the manager prepared and submitted by memorandum dated May 31, 1991 a potential
list of adjustments to the proposed budgets for the General Fund and Utility Fund for the fiscal year
ending June 30, 1992; and
WHEREAS, this Council has directed the town manager to adjust the proposed budgets in
accordance with the budget adjustments proposed as well as the addition of funding for the Loudoun
Convention and Visitors Bureau and the Thomas Balch Library; and
WHEREAS, the tax rates for 1991 real estate and personal property taxes will be $0.19 and $1.00
respectively, per $100 of assessed valuation; and
WHEREAS, a one-haft of one percent increase in the meals tax will be used to offset the cost of
funding the CAVB, library renovation and events that attract visitors to Leesburg such as First Night
Leesburg, Bluemont Concert Series, Leesburg Renaissance and other costs related to special events; and
WHEREAS, the funding level assigned to the CAVB will be based on the level of funds collected
from the half of one percent revenue in meals tax.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager's proposed budget as amended to include the adjustments proposed in
the General and Utility Funds is adopted and appropriations are made for the fiscal year ending June
30, 1992, in the amounts shown to the categories and accounts for the general, utility, airport and capital
projects funds, provided that capital project funds appropriations remain in effect until the projects are
completed.
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RESOLUTION: APPROVING BUDGET AND MAKING APPROPRIATION FOR FY 92
SECTION Il. The manager is authorized to transfer appropriations made herein to accounts within
the same departmental budget as long as the total appropriation for the departments is not adjusted.
PASSED this 25th day of June, 1991.
ATTEST:
Clerk of Council
R:budget
Robert E. Sevila, Mayor
Town of Leesburg