HomeMy Public PortalAbout2002_05_14_r073 FY 2003 BudgetThe Town of
Leesburg,
lrglnla
RESOLUTION NO.
A RESOLUTION:
PRESENTED May 14, 2002
2002-73 ADOPTED May 14, 2002
ADOPTING THE BUDGET, GENERAL FUND IN THE AMOUNT OF
$32,441,398, UTILITIES FUND IN THE AMOUNT OF $26,773,169, AIRPORT FUND
IN THE AMOUNT OF $1,215,341, AND CAPITAL PROJECTS FUND IN THE
AMOUNT OF $3,041,000, SETTING THE TAX RATE AND MAKING
APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2003
WHEREAS, the budget for the fiscal year ending June 30, 2003, 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 22, April 3 and 19, May 1 and 13
2002; and
WHEREAS, two separate duly advertised public hearings, one on the proposed budget and one on the
tax rate were held on April 9, 2002; and
WHEREAS, the real estate tax rate for calendar year 2002 will remain at $0.22 per $100 of assessed
valuation and personal property taxes will remain at $1.00 per $100 of assessed valuation; and
WHEREAS, the town manager recommends that the Town Council adopt the FY 2003 Budget, set the
tax rate, and make appropriations for the fiscal year ending June 30, 2003.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The budget, a summary of which is attached, for the fiscal year beginning July 1, 2002
and ending June 30, 2003, 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 $32,441,398, Utilities Fund in the amount
of $26,773,169, Airport Fund in the amount of $1,215,341 and capital projects funds in the amount of
$3,041,000 provided that capital projects funds appropriations shall remain in effect until the projects are
completed.
A RESOLUTION:
-2-
ADOPTING THE BUDGET FOR FY 2003, SETTING THE TAX RATE, AND
MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING, JUNE 30, 2003
SECTION Il. 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 m. The tax rates for real estate and personal property will remain in effect for the calendar
year 2002 at the current rates of $0.22 per $100 of assessed value and $1.00 per $100 of assessed value
respectively.
PASSED this 14th day of May, 2002.
ATTEST:
cil
B.J. V~etbb, Ma~-or -
Town of Leesburg
R: Budget 03
General Fund
Legislative
General Government
Legal
Finance
Police
Public Works
Parks & Recreation
Balch Library
Planning, Zoning & Development
Non-Departmental
Debt Service
Transfer to Other
Total
Utilities Fund
Administration
Utility Lines
Water Supply
Water Pollution Control
Maintenance
Debt Service
Capital Outlay
Total
Airport Fund
Operations
Debt Service
Capital Outlay
Total
Capital Projects Funds
Parks & Recreation
Buildings & Equipment
Streets & Highways
Storm Drainage
Total
Total All Funds
Expenditure Summary All Funds
FY 2003 Budget
FY 2001 FY 2002 FY 2002 FY 2003 Increase
Actual Bud;leted Estimated Bud~let (Decreasel
$174,184
$2,410,790
$180,051
$1,302,083
$5,315,388
$6,433,414
$3,262,640
$283,357
$1,037,358
$1,533,279
$3,318,085
$1,076,885
$26,327,514
$240,147
$2,408,348
$232,974
$1,392,100
$5,392,397
$7,222,777
$3,331 040
$330 247
$1,232 257
$1,247 675
$4,974624
$2,244 720
$30,249
$231,015 $251,705 $11,558
$2,162,065 $2,770,545 $362,197
$219,465 $239,900 $6,926
$1,375,440 $1,502,695 $110,595
$5,426,255 $6,552,450 $1,160,053
$6,981,920 $8,485,266 $1,262,489
$3,241,200 $4,126,954 $795,914
$322,530 $356,550 $26,303
$1,177,560 $1,771,045 $538,788
$582,675 $639,915 ($607,760)
$4,510,650 $4,914,720 ($59,904)
$2,244,720 $829,653 ($1,415,067)
306 $28,475,495 $32,441,398 $2,192,092
$3,047,983 $4,492,686 $2,393,302 $2,573,205 ($1,919,481)
$1,101,947 $3,956,590 $3,930,200 $2,564,066 ($1,392,524)
$1,227,209 $1,426,568 $1,389,100 $1,687,750 $261,182
$1,553,524 $1,822,078 $1,923,100 $2,184,530 $362,452
$182,930 $197,870 $187,130 $271,960 $74,090
$2,663,243 $2,954,595 $2,954,595 $3,222,658 $268,063
$17,385,687 $4,895,000 $4,895,000 $14,269,000 $9,374,000
$27,162,523 $19,745,387 $17,672,427 $26,773,169 $7,027,782
$520,272 $594,796 $599,085 $632,290 $37,494
$326,048 $527,157 $367,157 $513,051 ($14,106)
$875,125 $3,175,352 $3,175,352 $70,000 ($3,105,352I
$1,721,445 $4,297,305 $4,141,594 $1,215,341 ($3,081,964)~
$940,918 $4,400,000 $4,400,000 $0 ($4,400,000)
$1,264,255 $393,000 $393,000 $0 ($393,000)
$626,709 $4,071,500 $4,071,500 $2,686,000 ($1,385,500)
$1,215,254 $1,055,000 $1,055,000 $355,000 ($700,000)
$4,037,136 $9,919,500 $9,919,500 $3,041,000 ($6,878,500)
$59,248,618 $64,211,498 $60,209,016 $63,470,908 ($740,590)
General Fund
Property Taxes
Other Local Taxes
Permits, Fees & Licenses
Fines & Forfeitures
Revenues From Use Of Resources
Charges For Services
Recreation Fees
Miscellaneous
Intergovernmental
Other Financing Sources
Undesignated Fund Balance
Total
Utilities Fund
Charges For Services
Availability Fees
Connection Charges
Interest on Investments
Loans, Grants and Contributions
Other
Undesignated Fund Balance
Airport Fund
Leases
Miscellaneous
Fuel Sales
Maintenance Reimbursement
Interest
FBO Fees
Grants
User Fees
Bond Proceeds
Transfers from Other Funds
Total
Capital Projects Funds
Parks & Recreation
Buildings
Streets & Highways
Storm Drainage
Total
Total Revenues All Funds
Revenue Summary All Funds
FY 2003 Budget
FY 2001 FY2002 FY 2002 FY 2003 Increase
Actual Budgeted Estimated Budget (Decrease~
$7,192,395 $8,052,371 $8,665,000 $10,134,000 $1,469,000
$7,914,848 $9,120,000 $8,468,000 $9,022,000 $554,000
$3,577,845 $3,360,000 $2,960,000 $3,135,000 $175,000
$171,232 $192,000 $193,000 $232,285 $39,285
$505,411 $380,500 $299,000 $299,000 $0
$4,293 $3,500 $6,000 $6,000 $0
$1,407,064 $1,480,400 $1,460,400 $2,090,400 $630,000
$193,618 $115,040 $76,000 $76,000 $0
$2,463,425 $2,502,964 $2,533,519 $2,663,674 $130,155
$2,110,120 $2,601,000 $2,756,500 $2,682,000 ($74,500)
$787,263 $2,441,531 $1,058,076 $2,101,039 $1,042,963
$26,327,514 $30,249,306 $28,475,495 $32,441,398 $3,965,903
$6,775,000 $7,749,000 $7,753,000 $8,396,000 $643,000
$11,523,000 $4,500,000 $9,620,000 $6,000,000 ($3,620,000)
$468,000 $472,000 $472,000 $400,000 ($72,000)
$1,810,000 $1,910,000 $879,000 $643,000 ($236,000)
$10,804,000 $1,361,000 $972,519 $0 ($972,519)
$2,997,000 $1,250,000 $1,250,000 $719,000 ($531,000)
($7,214,477) $2,503,387 ($3,274,092) $10,615,169 $13,889,261
$27,162,523 $19,745,387 $17,672,427 $26,773,169 $9,100,742
$536,828 $676,778 $642,848 $739,588
$2,112 $2,000 $2,000 $2,000
$27,300 $29,000 $29,000 $29,000
$0 $6,500 $0 $0
$50,719 $60,000 $40,000 $40,000
$54,722 $54,000 $65,157 $60,000
$297,444 $1,620,696 $1,620,691 $68,600 ($1,552,091)
$28,839 $31,000 $26,509 $26,500 ($9)
$0 $1,539,156 $1,539,156 $0 ($1,539,156)
$102,675 $278,175 $276,233 $249,653 ($26,580)
$1,100,639 $4,297,305 $4,141,594 $1,215,341 ($2,926,2531
$196,740
$0
$0
$0
$0
($5,157)
$120,168 $4,400,000 $4,400,000 $0 ($4,400,000)
$701,922 $393,000 $393,000 $0 ($393,000)
$79,688 $4,071,500 $4,071,500 $2,686,000 ($1,385,500)
$64,612 $1,055,000 $1,055,000 $355,000 ($700,000)
$966,390 $9,919,500 $9,919,500 $3,041,000 ($6,878,500)
$55,557,066 $64,211,498 $60,209,016 $63,470,908 $3,261,892
* (Excess revenue over expenditures)