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File #: ORD. 2020-083    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 3/10/2020 In control: City Council
On agenda: 5/26/2020 Final action: 5/26/2020
Title: To amend Ord. No. 2019-041, adopted May 13, 2020, which adopted the Fiscal Year 2019-2020 General Fund Budget and made appropriations pursuant thereto, by re-appropriating a $1,352,558.00 portion of the Fiscal Year 2018-2019 fund balance excess, assigned by Res. No. 2019-R016, adopted Jun. 24, 2019, to the General Fund Cash Transfer for Capital Projects program, and to appropriate these transferred funds to the Fiscal Year 2019-2020 Capital Budget by increasing estimated revenues and the amounts appropriated to the Universal Access, Community Center Enhancements, Tredegar/Brown's Island Accessible Walk Improvements, and RAA Building and Property Improvements projects by a total of $1,352,558.00 for the purpose of providing additional funding for those projects.
Patrons: Mayor Stoney
Attachments: 1. Staff Report, 2. Ord. No. 2020-083

Title

To amend Ord. No. 2019-041, adopted May 13, 2020, which adopted the Fiscal Year 2019-2020 General Fund Budget and made appropriations pursuant thereto, by re-appropriating a $1,352,558.00 portion of the Fiscal Year 2018-2019 fund balance excess, assigned by Res. No. 2019-R016, adopted Jun. 24, 2019, to the General Fund Cash Transfer for Capital Projects program, and to appropriate these transferred funds to the Fiscal Year 2019-2020 Capital Budget by increasing estimated revenues and the amounts appropriated to the Universal Access, Community Center Enhancements, Tredegar/Brown’s Island Accessible Walk Improvements, and RAA Building and Property Improvements projects by a total of $1,352,558.00 for the purpose of providing additional funding for those projects.

Body

THE CITY OF RICHMOND HEREBY ORDAINS:

§ 1.                     That Ordinance No. 2019-041, adopted May 13, 2019, which adopted the General Fund Budget for the fiscal year commencing July 1, 2019, and ending June 30, 2020, and made appropriations thereto, is hereby amended by re-appropriating a $1,352,558 portion of the fund balance excess for the fiscal year commencing July 1, 2018, and ending June 30, 2019, assigned by Resolution No. 2019-R016, adopted June 24, 2019, to the General Fund Cash Transfer for Capital Projects program, with program number 00101, for the purpose of providing additional funding for certain capital projects.

§ 2.                     That the funds transferred pursuant to section 1 of this ordinance are hereby appropriated to the Capital Budget for the fiscal year commencing July 1, 2019, and ending June 30, 2020, by increasing estimated revenues by $1,352,558.00, increasing the amount appropriated for expenditures by $1,352,558.00, and allotting these appropriated funds in the following amounts to the following capital projects:

(a)                     $180,000.00 to the Universal Access project in the Culture and Recreation category;

(b)                     $500,000.00 to the Community Center Enhancements project in the Culture and Recreation category;

(c)                     $282,558.00 to the Tredegar/Brown’s Island Accessible Walk Improvements project in the Economic and Community Development category; and

(d)                     $390,000.00 to the RAA Building and Property Improvements project in the Public Safety category.

§ 3.                     This ordinance shall be in force and effect upon adoption.