Title
Ordinance to Adopt a Budget and Appropriate Monies for the General Fund Expenditures of the City of Hampton (City and School Operations) for Fiscal Year 2017 beginning July 1, 2016 and ending June 30, 2017
Purpose
PURPOSE/BACKGROUND:
This ordinance adopts the budget for the General Fund Expenditures of the City (City and School Operations) as presented in the City Manager's Recommended Budget for fiscal year 2017.
Discussion:
This ordinance adopts a budget and appropriates monies for the General Fund Expenditures of the City of Hampton (City and School operations) for fiscal year 2017 as was duly advertised in the Daily Press on April 17, 2016 and April 24, 2017. The budget includes both revenues and expenditures. Pursuant to Hampton City Code Sec. 2-50, no ordinance appropriating money exceeding $5,000,000 shall be passed on the same day of its introduction. This ordinance is being introduced on May 4, 2016. Approval will be requested at Council's meeting on May 11, 2016.
Impact:
The total budget for City and School operations is $463,091,719.
UPDATED FOR 5/11/16 MEETING - amended total $463,194,106
Recommendation:
Rec
May 4, 2016: Approve for First Reading Only.
May 11, 2016: Final Approval.
Body
BE IT ORDAINED by the City Council of the City of Hampton, Virginia that the attached budget is approved and the appropriations are hereby made for the City of Hampton (City and School Operations) General Fund Expenditures for the fiscal year beginning July 1, 2016 and ending June 30, 2017.