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 2018 beginning July 1, 2017 and ending June 30, 2018
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 2018.
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 2018. The budget includes both revenues and expenditures. The public hearing(s) necessary to approve this budget were duly advertised in the Daily Press on April 16, 2017 and April 23, 2017. 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 3, 2017. Approval will be requested at City Council's meeting on May 10, 2017.
Impact:
The total budget for City and School operations is $467,844,000.
Recommendation:
Rec
May 3, 2017: Approve for First Reading Only.
May 10, 2017: 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 Fiscal Year 2018 beginning on July 1, 2017 and ending June 30, 2018.