Loading...
056-04 BOARD OF SUPERVISORS FY 2004-2005 BUDGET RESOLUTION WHEREAS a notice of public hearing and budget synopsis has been published and a public hearing held on March 29,2004, in accordance with Title 15.2, Chapter 25, Section 15.2-2506, 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 2004-2005 fiscal year as advertised in The Winchester Star on March 18, 2004, be hereby approved in the amount of$180,532,087. WHEREAS the budget amounts represent the total, less transfers between funds. BE IT FURTHER RESOLVED that the County of Frederick budget for the 2004-2005 fiscal year be adopted as follows: General Operating Fund: General and Financial Administration Judicial Administration Public Safety Public Works Health/Welfare Education - Community College Parks, Recreation, Cultural Community Development $5,885,797 1,319,141 13,811,769 3,189,518 5,35],185 47,379 4,313,212 2,392,802 Non-Departmental Expenses 2,413,923 Regional Jail Fund 10,408,680 Landfill Fund 6,327,638 Division of Court Services Fund 1,281,617 Shawneeland Sanitary District Fund 516,455 Airport Operating Fund 1,376,940 Airport Capital Fund 1,077,725 Consolidated Maintenance Fund 500,000 School Operating Fund 98,900,870 School Cafeteria Fund 3,914,894 School Construction Fund 250,000 School Debt Service Fund 12,465,366 Larrick & Sides Trust Funds 1,100 School Textbook Fund 859,440 Unemployment Compensation Fund 10,000 NREP Operating Fund 3,886,636 NREP Textbook Fund 30,000 BE IT FURTHER RESOLVED that the Board of Supervisors of the County of Frederick, Virginia, does herein adopt the tax rate for the 2004 assessment year at a rate of 73 cents per $100 of assessed value to be applied to real estate, the rate of $4.20 per $100 of assessed value to be applied to personal property, $2.25 per $100 of assessed value to be applied to personal property on one vehicle to volunteer firefighters that are approved and registered with the Fire and Rescue Department, the rate of 42Yz cents per $100 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, contractors 16 cents per $100 of gross receipts, professional receipts, wholesale 5 cents per $100 of purchases and the rate of $2.00 per $100 of assessed value on declining values to be applied to machinery and tools, and contract carrier classified vehicles. Meals tax at an adopted rate of 4 cents per $1. Lodging tax at an adopted rate of 2 cents per $1. County decals at an adopted rate of $25 per vehicle and $10 per motorcycle. The Sanitary Landfill fees are as follows: $38 per ton for less than 12,000 tons a year; $36 per ton for more than 12,000 but less than 24,000 tons a year; $34 per ton for more than 24,000 but less than 36,000 tons a year; $32 per ton for more than 36,000 but less than 48,000 tons a year; $30 per ton for more than 48,000 tons a year; $30 per ton for construction demolition debris; $25 per ton for municipal waste and $8 per ton for municipal sludge. The local tax for Enhanced 911 Service will continue to be at a set rate of$1.60. BE IT FURTHER RESOLVED that appropriations are hereby authorized for the central stores fund, special welfare fund, comprehensive services fund, county health insurance fund, school health insurance fund, length of service fund, employee benefits, unemployment compensation fund equal to the total cash balance on hand at July 1, 2004, plus the total amount of receipts for the fiscal year 2004-2005. The Fire Company Capital appropriation will include the current year appropriation plus any unused funds at the end of fiscal year 2004. BE IT FURTHER RESOLVED that the school construction fund projects will be appropriated as a carryforward in the amount that equals the original project cost, less expenditures and encumbrances through June 30, 2004. Adopted this 14th day of April, 2004. VOTE: Richard C. Shickle Aye Barbara E. Van Osten Aye Gary W. Dove Aye Bill M. Ewing Aye Resolution No.: 056-04 Gina A. Forrester W. Harrington Smith, Jr. Lynda 1. Tyler Aye Aye Aye COUNTY of FREDERICK John R. Riley, Jr. County Administrator 540/665-5666 Fax 540/667-0370 E-mail: jriley@coJrederick.va.us ~ I!!ltilli;IIIt1I'i\ '.7 ,'-,-. ".-, ...-.;.;.;.;.;.:.:.:::~;::::::~..;,-:.:..... ....... .. ....'.. ,'.-, - /~~.... _ ...:. ......:~.XN..;NNX..>>;O..:>>J.:.... ....uu..~.:u:...:. "~~'. .~.;~..-- "::':~ ....... ... .... ,'.N.UN' ~.~....,~...,~~.:{~~~ TO: FROM: SUBJECT: DATE: Board of Supervisors John R. Riley, k, County Administr~ FY 2005 Budget Funding Strategy Apri16,2004 I would like to present, for the Board of Supervisors consideration, a possible funding strategy for the proposed Fiscal Year 2005 budget that may allow the Board of Supervisors to adopt a real estate tax rate tonight for calendar year 2004 that does not reflect an increase. When this Board adopts the proposed Fiscal Year 2005 budget, tax rates will also be adopted for calendar year 2004. The Fiscal Year 2005 budget covers a time period from July I, 2004 to June 30,2005. During this time period, property taxes for December 2004 and June 2005 will be collected. Tonight, we will only set the tax rate for calendar year 2004. The tax rate for 2005 will be set during the Fiscal Year 2006 budget. The county reassessment will be effective on January 1, 2005 and will impact the June 2005 property taxes, which is included in the Fiscal Year 2005 budget that we are adopting during this time. Because the budget is adopted on a fiscal year and the tax rate is set on a calendar year, the County can choose to project increased property values for the June 2005 tax collection. Based on the projected increase in property values over the past four years, it is anticipated that the growth in property values will be equal to or greater than the proposed increase in the real estate tax rate of $0.07 that was advertised. Please call me if you have any questions. JRR/jet C:\Documents and SettinW"\JE1\My Documents\Riley Correspondence'Memo to Bd re Changes to SC Vol Settlement.wpd 107 North Kent Street . Winchester, Virginia 22601-5000