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HomeMy Public PortalAbout1994_04_26_R082 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED ~pril 26~ 1994 94-82 ADOPTED April 26~ 1994 APPROVING THE BUDGET AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 1995 WHEREAS, the budget and tax rates for the fiscal year ending June 30, 1995, have been presented and reviewed by this Council in accordance with Section 4-2.1: l(b) of the Town Code and Section 15.1-160 of the 1950 Code of Virginia, as amended; and WHEREAS, a public hearing on the proposed budget and tax rates was held on March 22, 1994; and WHEREAS, the manager prepared and submitted by memorandum dated April 19, 1994, a potential list of adjustments to the proposed budget for the General Fund for the fiscal year ending June 30, 1995; and WHEREAS, Council met in budget workshop session on April 20, 1994; and WHEREAS, this Council has directed the town manager to adjust the proposed budget in accordance with the budget adjustments proposed at the April 20, 1994, workshop; and WHEREAS, the tax rates for 1994 real estate and personal property taxes will remain unchanged at $.205 and $1.00 respectively, per $100 of assessed valuation. 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 Fund is adopted and appropriations are made for the fiscal year ending June 30, 1995, in the amounts shown to the categories and accounts for the general ($11,892,847), utility ($17,794,537), airport ($5,662,906) and capital project funds ($1,494,240), provided that capital project funds appropriations remain in effect until the projects are completed. SECTION II. 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 26th day of April ,1994. ATFEST: Clerk of Council R:Budget James E. Clem, Mayor Town of Leesburg