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HomeMy Public PortalAbout1996_06_11_R121The Town of Leesburg, .rg ma RESOLUTION NO. A RESOLUTION: PRESENTED June 11, 1996 96-121 ADOPTED June 11, 1996 APPROVING THE BUDGET AND MAKING APPROPRIATIONS FISCAL YEAR ENDING JUNE 30, 1997 FOR THE WHEREAS, the budget and tax rates for the fiscal year ending June 30, 1997, have been presented and reviewed by this Council in accordance with Section 4-2.hi(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 9, 1996; and WHEREAS, Council met in budget workshop sessions in February, March, April and May, 1996; and WHEREAS, the tax rate for 1996 real estate taxes was increased from $0.205 to $0.21 and personal property taxes will remain unchanged at $1.00 per $100 of assessed valuation in accordance with Ordinance No. 96-0-12 adopted on May 1, 1996. 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, 1997, in the amounts shown to the categories and accounts for the general fund $14,949,817, utility fund $10,677,460, airport fund $1,504,426 and capital project funds $13,781,783, 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 llth day of June ,1996. A~I~EST: Clerk of Council ,>?me smes IE. Clem, Mayor Town of Leesburg R:Budget