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HomeMy Public PortalAbout2000_05_09_r095The Town of eesburg, "-, lrglnla RESOLUTION NO. A RESOLUTION: PRESENTED May 9, 2000 2000-95 ADOPTED May 9, 2000 APPROVING THE BUDGET, SETTING THE TAX RATE AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2001 WHEREAS, the budget for the fiscal year ending June 30, 2001, has been presented and reviewed by this Council in accordance with Section 15.2-2503 of the 1950 Code of Virginia, as amended; and WHEREAS, Council met in budget workshop sessions on April 3, 12 and 17, 2000 and May 4 and 8, 2000; and WHEREAS, the real estate tax rate for calendar year 2000 will remain unchanged at $0.22 per $100 of assessed valuation and personal property taxes will remain unchanged at $1.00 per $100 of assessed valuation; and WHEREAS, two separate public hearings, one on the proposed budget and one on the tax rate were held on April 25, 2000: NOW,THEREFORE, BE 1T RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The town manager's proposed budget for the fiscal year beginning July 1, 2000 and ending June 30, 2001, is adopted and appropriations are made to include the adjusted totals proposed to the categories and accounts of the General Fund in the amount of $25,521,632, Utility Fund in the amount of $26,735,753, Airport Fund in the amount of $3,725,794 and capital projects funds in the amount of $14,537,450 provided that capital projects funds appropriations shall remain in effect until the projects are completed. RESOLUTION: -2- ADOPTING BUDGET FY 2001 AND SETTING A TAX RATE SECTION II. The town manager is authorized to transfer appropriations made herein to accounts within the same departmental budget as long as the total appropriation for the department is not adjusted. SECTION III. The tax rates for real estate and personal property will remain in effect for the calendar year 2000 at the current rates of $0.22 per $100 of assessed value and $1.00 per $100 of assessed value respectively. PASSED this 9th day of May, 2000. ATTEST: ~mes E. Clem, Mayor Town of Leesburg de'rt~ of Co/un~il ' - R: Budget 00