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HomeMy WebLinkAbout4/7/1987 - Adopted Board RecordsIm A- X787- / ITEM NUMBER is - I AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER IN ROANOKE, VA., ON TUESDAY, MEETING DATE: April 7, 1987 SUBJECT: Necessary Budget Amendment COUNTY ADMINISTRATOR'S COMMENTS: -u .�/G�,-.tis ct -� ��rirr� d+ -y zr �� :.</ �•' ` SUMMARY OF INFORMATION: The following items need to be taken into consideration for an adjustment to the 1986-87 budget: 1. The County should receive $125,000 on June 1, 1987 from its settlement agreement with Friendship Manor. These additional revenues should be used for the following: a. Professional fees incurred in the litigation with Friendship Manor amounted to $84,700. Of this amount, only $9,700 was budgeted. Therefore, an additional $75,000 is needed. b. The County is considering purchasing property adjacent to the Regional Landfill. $50,000 should be set aside for this offer. 2. Because of increased insurance premiums, an additional $45,000 is needed to cover expenses related to the County's current insurance coverage. This money is needed to cover public officials' liability, law enforcement liability, and vehicle insurance liability. These policies have already been extended in order to assure continued coverage. These funds will need to be transferred from the Board Contingency. 3. The County has been actively purchasing property and right-of-ways in relation to West County Reservoir. In prior years, the Board has appropriated $927,826 to this project. To date, the County has spent $1,036,404 on purchase of land, engineering fees, consultant fees, and sampling fees. In addition, the County is committed to spending an additional $200,000 in the next few months for purchase of land already under contract or in condemnation proceedings and engineering fees. An additional $310,000 needs to be transferred from Unappropriated Balance to cover these expenditures. FISCAL IMPACT: e-/ The above appropriations will reduce the Board Contingency from $83,930 to $38,930, and the Unappropriated Balance from $1,484,637 to $1,174,637. RECOMMENDATION: Staff recommends that the Board approve an appropriation whi.;h would amend the 1986-87 budget to include the above amo ants. SUBMITTED BY: APPROVED: 1� n -c D. T7 Diane D. Hya Elmer C. Hodge Director of Finance County Administrator ------------------------------------------------------------------ ACTION VOTE Approved (vr Motion by:Sem 6e-10aj No Yes Abse -f) -C Denied ( ) Brittle Received ( ) Garrett ✓ Referred Johnson To McGraw Nickens 1G /7 -yo o n w 'L4h (tea. a o o s e t i-- ��' f� 7� rip rt Y , /Y) c C,• i^cz Zu s e co /'cz Z.4 - /1-1D t-io/�, 1-e &t- Seco nd - �hc�7-- some fie, �o h yes rr-xD 9 eo/n<- CC : ��ne ryycztt ,9- y-/87-.2 ITEM NUMBER Q - --,2. AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER IN ROANOKE, VA., ON TUESDAY, MEETING DATE: April 7, 1987 SUBJECT: Transfer of Unused 1985-86 Budget to Schools COUNTY ADMINISTRATOR'S COMMENTS: �C SUMMARY OF INFORMATION: After the 1986-87 School budget was adopted, the County Schools reported that they anticipated having an additional balance of $180,000 left over from 1985-86 operations. The excess would result from revenues being over the budgeted amount and expenditures being under the budgeted amount. The Schools understood that they were to be allowed to keep this excess amount to be used as a beginning balance to fund their 1986-87 school operations. In anticipation of receiving this money, the Schools hired additional personnel. The audited figures for the year ended June 30, 1986 reflected that the actual excess amount that the Schools had at year end was $65,128. However, since no formal action had been taken by the Board of Supervisors at June 30, 1986, all unspent budgeted amounts for operations reverted back to the General Fund. If the Board desires at this time to appropriate this $65,128 to the Schools, it will need to be taken from the County's Unappropriated Balance. FISCAL IMPACT: The $65,128 requested by the Schools will need to be transferred from the County's Unappropriated Balance. RECOMMENDATION: Staff suggests that the Board consider the fact that this transfer will further deplete the County's Unappropriated Balance. SUBMITTED BY: -A�6,r/k-k a. LA� Diane D. Hyat Director of Finance APPROVED: I Elmer C. Hodge County Administrator - ------------------------------------------------------------------ ACTION VOTE Approved (L-1 Motion by: lac Q/����gry� No Yes Abse-nt Denied ( ) Brittle ✓ Received ( ) Garrett Referred Johnson ✓ To McGraw Nickens A - -,-/'7e /- 3 ITEM NUMBER F — AT A REGULAR MEETING OF THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA HELD AT THE ROANOKE COUNTY ADMINISTRATION CENTER IN ROANOKE, VA., ON TUESDAY, APRIL 7, 1987 MEETING DATE: April 7, 1987 SUBJECT: Public Hearing to establish the tax rates for the 1987 calendar year. COUNTY ADMINISTRATOR%'S/ COMM TS: SUMMARY OF INFORMATION: At the direction of the Board of Supervisors, staff has appropriately advertised the proposed tax rates for the calendar year 1987 as follows: 1. Real Estate Taxes at a rate of not more than $1.15 per one hundred dollars assessed valuation. 2. Personal Property Taxes at a rate of not more than $3.50 per one hundred dollars assessed valuation. 3. Machinery & Tools Tax at a rate of not more than $3.00 per one hundred dollars assessed valuation. Some concern has been raised as to the format of the ad which appeared in the March 31 addition of the Roanoke Times and World News concerning the increased assessment and tax rates for the 1987 tax year (copy attached). This legal ad is printed in the format prescribed by State Code and indicates that the Board of Supervisors does not intend to increase the tax rate ($1.15 per one hundred dollars of assessed valuation), however that the County will obtain additional tax revenues as a result of the increase in real estate assessments, as a result of the reassessment which became effective January 1, 1987. Since the budget has been presented to you anticipating the continuation of the current tax rates, staff recommends that the rates be adopted after a public hearing as indicated above. FISCAL IMPACT: / RECOMMENDATION: Staff recommends that the tax rate for real estate taxes be CQ established at the rate of $1.15 per one hundred dollars assessed valuation. Staff recommends that the tax rate for personal property be established at the rate of $3.50 per one hundred dollars assessed valuation. Staff recommends that the tax rate for machinery & tools 1 taxes be established at the rate of $3.00 per one hundred dollars C assessed valuation. SUBMITTED BY: /,"46 41L Elmer C.'Rode County Administrator APPROVED: /,-Z� John M. Chambliss, Jr. Administrator ------------------------------------------------------------------ ACTION VOTE Approved (✓i Motion by: 3eE b e AD w No Yes Abs CP Denied ( ) Brittle ✓ Received ( ) Garrett .� Referred Johnson ✓ To McGraw ✓ Nickens ✓ (a-,,) /Yj� /-s e n s 11,4 , C7 rc> Lv r re & 6 /,-7-,o o � �OmYY� �SSiDnC'_r �� Ue- _ CDt�n1-y Ti'-eUSur'er �'�te my /�SSeSSo�'