Title
Resolution to Amend the Fiscal Year 2024 Council Approved Budget to Accept and Appropriate the Increased Allocations from the Virginia Department of Transportation for the Fiscal Year 2024 Urban Maintenance Program
Purpose
PURPOSE/BACKGROUND:
The City Charter gives City Council the authority to approve supplemental appropriations for unanticipated state and federal revenues (see below). This resolution appropriates additional revenue from the Commonwealth in the amount of $848,680 for the City’s FY2024 VDOT Urban Maintenance Program which funds maintenance for eligible roadway and roadway-related infrastructure maintenance activities, including traffic signals. The additional revenue is greater than that which was anticipated and budgeted in the Council Approved FY2024 budget. This resolution also contemplates and facilitates the appropriation of any additional Urban Maintenance Program Funds that may be received
City Charter Sec. 6.12 - Additional Appropriations
A. Supplemental appropriations. If available from surplus from previous year’s operations or from planned fund balance in the current budget as adopted, the council by resolution may make appropriations for the year not to exceed the amount of such balance. Supplemental appropriations may also be made by council by resolution not to exceed the unanticipated revenue from the Commonwealth or federal sources where council has previously or currently approved the city’s participation in such programs.
Discussion:
See Purpose/Background.
Impact:
See Purpose/Background.
Recommendation:
Rec
Approve Resolution
Body
WHEREAS, the City of Hampton receives funding from the Virginia Department of Transportation (VDOT) on an annual basis for its Urban Maintenance Program;
WHEREAS, the Urban Maintenance Program funds maintenance activities on VDOT eligible roadway and roadway-related infrastructure wit...
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