HomeMy Public PortalAbout2001_04_24_r054The Town of
Leesburg,
trglnla
RESOLUTION NO.
A RESOLUTION:
PRESENTED April 24, 2001
2001-54 ADOPTED April 24, 2001
ADOPTING THE BUDGET, GENERAL FUND IN THE AMOUNT OF
$30,074,286, UTIL1TY FUND IN THE AMOUNT OF $19,645,387,
AIRPORT FUND IN THE AMOUNT OF $4,292,837 AND CAPITAL
PROJECTS FLINT) IN THE AMOUNT OF $9,919,500, SETTING THE
TAX RATE AND MAKING APPROPRIATIONS FOR THE FISCAL
YEAR ENDING JUNE 30, 2002
WHEREAS, the budget for the fiscal year ending June 30, 2002, 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 March 29, April 7, 12, 16, 17,
and 19, 2001; and
WHEREAS, the real estate tax rate for calendar year 2001 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 heatings, one on the proposed budget and one on the tax
rate were held on April 10 and April 24 respectively, 2001.
THEREFORE, 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,
2001 and ending June 30, 2002, 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 $30,074,286,
Utility Fund in the amount of $19,645,387, Airport Fund in the amount of $4,292,837 and capital
projects funds in the amount of $9,919,500 provided that capital projects funds appropriations shall
remain in effect until the projects are completed.
RESOLUTION:
-2-
ADOPTING THE BUDGET FOR FY 2002, SETTING THE TAX RATE, AND
MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING, JUNE 30,
2002.
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 2001 at the current rates of $0.22 per $100 of assessed value and $1.00 per $100
of assessed value respectively.
PASSED this 24th day of April, 2001.
ATTEST:
Jla;k of~ouncil -
Mayor
Town of Leesburg
R: Budget 02