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HomeMy Public PortalAbout2004_03_09_r033The Town of Leesburg, Virginia PRESENTED March 9, 2004 RESOLUTION NO. 2ooa-a 3 ADOPTED March 9, 2004 A RESOLUTION: APPROVING AMENDMENTS TO THE FY 2004 BUDGET AND MAKING APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2004 WHEREAS, the mid-year budget for the fiscal year ending June 30, 2004, has been presented and reviewed by this Council in accordance with Section 15.2-2507 of the 1950 Code of Virginia, as amended; and WHEREAS, the required public heating was advertised in a newspaper of general circulation and was held on February 24, 2004; and WHEREAS, budget amendments are necessary and staff recommends approval of the items recommended by the Town Manager. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The FY 2004 Budget is hereby amended and increased and appropriations are made for the fiscal year beginning July 1, 2003 and ending June 30, 2004 as follows: ao The General Fund is amended in the amount of $670,000 and appropriations are made: from the Undesignated Fund Balance in the General Fund in the amount of $95,000 for a study of Dry Mill Road drainage improvements ($40,000); and Edwards Ferry Road/Bypass Fencing ($55,000); from funds designated in the General Fund balance for the health insurance settlement with the County ($380,000); from the Uran Trust Fund in the amount of $1,000 for high school graduation celebrations; from developer fees in the amount of $78,000 for safety and traffic flow improvements in the town garage and at the Liberty Street parking lot; and a Federal Byme grant through the U.S Department of Justice in the amount of $116,000 for equipment ($50,100), mobile -2- A RESOLUTION': APPROVING AMENDMENTS TO THE FY 2004 BUDGET AND MAKING APROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2004 computer and crime analysis computer programs ($51,500), and a vehicle ($14,400). The Airport Fund is amended in the amount of $433,030 and appropriations are made from the Undesignated Fund Balance of the Airport Fund in the amount of $75,000 and Federal Aviation Administration (FAA) grants in the amount of $261,610 for immediate repairs to the existing compressor ($9,360) and design and replacement of the existing HVAC system that provide air conditioning to the FAA space in the airport terminal ($327,250); from Virginia Department of Aviation grants in the amount of $58,970 for replacement of the north and south taxiway lights ($26,850), normal runway repair and maintenance ($2,120), and demolition of the south T hangers ($30,000); from the town insurance provider in the amount of $30,000 for demolition of the south T hangers; and from the Airport Fund in the amount of $7,450 fbr repairs damage to the runway caused by aircraft owners for which the town is pursuing reimbursement from the mrcraft owners. The Capital Projects Fund is amended in the amount of $540,000 and appropriations are made from the Undesignated Fund Balance in the General Fund in the amount of $120,000 for repairs to the South King Street bridge abutment, and proceeds from the Loudoun County Gas Tax in the amount of $420,000 for the addition of a Capital Improvement Project for Evergreen Mill Road and Tolbert Lane, and to provide signalization at the intersection. SECTION II. Totals are adjUsted to the categories and accounts of these funds. SECTION III. 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. PASSED this 9t_..~h of March 2004. ~'Fs-t~ C. Um~tl~td, Mayor Town of Leesburg ATTEST: C~p[k of Council R04:mid-year