Laserfiche WebLink
R-01-70 <br /> <br />A RESOLUTION REAPPROPRIATIING FISCAL YEAR 2001 FUNDS IN THE <br />CITY AND SCHOOL BOARD OPERATING BUDGETS AND FOR <br />PREVIOUSLY-AUTHORIZED CAPITAL IMPROVEMENT PROJECTS. <br /> <br /> WHEREAS, Section 15.2-2506 of the Code of Virginia (1950) provides that <br />local funds may not be paid out unless there has first been made an annual, seminarmual, <br />quarterly or monthly appropriation of such funds by the local government; and <br /> <br /> WHEREAS, the appropriation of Fiscal Year 2001 Operating and Capital <br />improvement funds has expired; and <br /> <br /> WHEREAS, Fiscal Year 2001 Operating Budget funds have been lawfully <br />encumbered by the City and the School Board; and <br /> <br /> WHEREAS, unexpended funds remain in Fiscal Year 2001 Capital Improvement <br />funds from previously-authorized City, School Board, and Public Utilities capital <br />improvement projects; and <br /> <br /> WHEREAS, a reappropriation of the unexpended, but encumbered, Fiscal Year <br />2001 funds and of the unexpended Capital Improvement funds is required in order to <br />fulfill City financial obligations and to continue ongoing capital improvement projects <br />without interruption. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Portsmouth, Virginia: <br /> <br />That the sum of $4,111,222 be reappropriated in the following Funds in <br />the City Operating Budget from unexpended Fiscal Year 2001 funds to <br />allow for payment of encumbrances outstanding at June 30. 2001: <br /> <br />GENERAL FUND $1,607,519 <br />MENTAL HEALTH FUND 238,610 <br />LAW LIBRARY 1,763 <br />VIRGINIA PUBLIC ASSISTANCE FUNDS 109,503 <br />COMPREHENSIVE SERVICES ACT 18,221 <br />STORMWATER MANAGEMENT 147,710 <br />GRANTS 408,599 <br />PUBLIC UTILITY FUND 1,097,147 <br />GOLF ENTERPRISE FUND 78,567 <br />PARKING AUTHORITY 21,778 <br />CITY GARAGE 107,063 <br />COMPUTER SERVICES 254,999 <br />RISK MANAGEMENT AND INSURANCE 19,743 <br /> <br />TOTAL $4,111,222 <br /> <br /> <br />