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031-98 FY 1998-99 BUDGET RESOLUTION WHEREAS a notice of public hearing and budget synopsis has been published and a public hearing held on March 25, 1998, in accordance with Title 15.1, Chapter 4, Section 15.1-162, of the Code of Virginia, 1950 as amended. THEREFORE BE IT FURTHER RESOLVED, by the Board of Supervisors of the County of Frederick, Virginia, that the budget for the 1998-99 fiscal year as advertised in The Winchester Star on March 11, 1998, as amended be hereby approved in the amount of $119,475,792. WHEREAS the budget amounts represent the total, less transfers between funds. WHEREAS the difference in the proposed budget and approved budget equals $509,482 in additional general fund expenditures as a result of funding for positions and additional allocation to the fire companies. BE IT FURTHER RESOLVED that the County of Frederick budget for the 1998-99 fiscal year be adopted as follows: General Operating Fund: General and Financial Admin. Judicial Administration Public Safety Public Works HealthIW elfare Education - Community College Parks, Recreation & Cultural $ 3,874,728 779,490 7,806,907 2,316,923 2,922,492 41,406 3,053,187 Community Development Non-Departmental Expenses Regional Jail Fund Landfill Fund Division of Court Services Fund Shawneeland Sanitary District Fund Airport Operating Fund Airport Capital Fund Consolidated Maintenance Fund School Operating Fund: Instruction Administration, Attendance & Health Pupil Transportation Operation & Maintenance Facilities School Cafeteria Fund School Capital Fund Back Creek Elementary School Cap. Proj. Fund Elementary School Additions Cap. Proj. Fund School Debt Service Fund Larrick & Sides Trust Funds School Textbook Fund Unemployment Compensation Fund 2,110,235 1,290,000 5,304,136 4,061,557 791,908 421,287 867,104 1,010,000 242,274 49,206,804 2,856,643 3,353,765 6,083,607 27,608 3,579,500 1,100,000 7,000,000 2,200,000 6,446,737 167 707,327 20,000 BE IT FURTHER RESOL YED that the Board of Supervisors of the County of Frederick, Virginia, does herein adopt the tax rate for the 1998 assessment year at a rate of 59 cents to be applied to real estate, the rate of $4.20 to be applied to personal property, $2.25 applied to personal property on one vehicle to volunteer firefighters that are approved and registered with the Fire and Rescue Department, the rate of 42112 cents to be applied to airplanes and zero tax to be applied to antique vehicles. The Business and Professional Occupational License rates are as follows: retail 20 cents per $100 of gross receipts, professional services 58 cents per $100 of gross receipts, personal and business 36 cents per $100 of gross receipts, wholesale 5 cents per $100 of purchases and the rate of $2.00 on declining values to be applied to machinery and tools, and contract carrier classified vehicles. BE IT FURTHER RESOLVED that appropriations are hereby authorized for the central stores fund, special welfare fund, comprehensive services fund, health insurance fund and unemployment compensation fund equal to the total cash balance on hand at July 1, 1998, plus the total amount of receipts for the fiscal year 1998-99. RESOLUTION NO.: 031-98 This Resolution was Approved at Board Meeting of 4/8/98.