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HomeMy Public PortalAbout1995_05_23_R107The Town of Leesburg, .rgtma RESOLUTION NO. A RESOLUTION: PRESENTED May 23, 1995 95-107 ADOPTED May 23, 1995 APPROVING THE BUDGET AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 1996 WHEREAS, the budget and tax rates for the fiscal year ending June 30, 1996, have been presented and reviewed by this Council in accordance with Section 4-2.1:1(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 April 11, 1995; and WHEREAS, Council met in budget workshop sessions in March, April and May, 1995; and WHEREAS, the tax rates for 1995 real estate and personal property taxes will remain unchanged at $.205 and $1.00 respectively, per $100 of assessed valuation in accordance with Resolution No. 95-97 adopted on May 9, 1995. 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, 1996, in the amounts shown to the categories and accounts for the general fund $13,494,097, utility fund $8,836,644, airport fund $4,213,354 and capital project funds $10,588,163, 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 23rd day of May , 1995. Ja/mes E. Clem, Mayor Town of Leesburg ATYEST: Clerk of ~uncil~ ~ R:Bud~t