File #: 20-0276    Version: 1 Name: Additional FY20 Revenues for HCS
Type: Resolution Status: Passed
File created: 9/16/2020 In control: City Council Legislative Session
On agenda: 9/23/2020 Final action: 9/23/2020
Title: Resolution to Amend the Fiscal Year 2020 Council Approved Budget to Accept and Appropriate $2,475,088 in Additional Revenues (State and Other Funds) to the General Fund's School Operating Budget
Title
Resolution to Amend the Fiscal Year 2020 Council Approved Budget to Accept and Appropriate $2,475,088 in Additional Revenues (State and Other Funds) to the General Fund's School Operating Budget

Purpose
PURPOSE/BACKGROUND:
The Code of Virginia Section 22.1-94 states that a governing body may make appropriations to a school board from the funds derived from local levies and from any other funds available, for operation, capital outlay, and debt service in the public schools. Additionally, the Code of Virginia Section 22.1-88 states the funds available to the school board of a school division for the establishment, support and maintenance of the public schools in the school division shall consist of state funds appropriated for public school purposes and apportioned to the school board, federal funds appropriated for educational purposes and apportioned to the school board, local funds appropriated to the school board by a local governing body or such funds as shall be raised by local levy as authorized by law, donations or the income arising therefrom, and any other funds that may be set apart for public school purpose.

Discussion:
The School Board of the City of Hampton is requesting that the additional revenues (State and Other Funds) received for fiscal year 2020, in the amount of $2,475,088, be accepted and appropriated to the General Fund's School Operating Budget.

Recommendation:
Rec
Approve.

Body
WHEREAS, the Code of Virginia Section 22.1-94 states that a governing body may make appropriations to a school board from the funds derived from local levies and from any other funds available, for operation, capital outlay, and debt service in the public schools;

WHEREAS, the Code of Virginia Section 22.1-88 states the funds available to the school board of a school division for the establishment, support and maintenance of the public schools in the school division shall consist of state funds appropriated for public school purposes and apporti...

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