File #: ID 24-289    Version: 1 Name: SA (Encumbrances_PY Grants)
Type: PH-Action Item Status: Consent Agenda/Second Reading
File created: 8/26/2024 In control: City Council
On agenda: 9/24/2024 Final action: 9/24/2024
Title: Consider the carryover and reappropriation of unexpended prior year grants and outstanding prior year encumbrances, requested by department heads and by the School Board, in the amount of $31.2 million.
Attachments: 1. Memorandum, 2. Supplemental Appropriation (Encumbrances), 3. Supplemental Appropriation (PY Grants) A, 4. Supplemental Appropriation (PY Grants) B, 5. Public Hearing Notice

Subject:

Title

Consider the carryover and reappropriation of unexpended prior year grants and outstanding prior year encumbrances, requested by department heads and by the School Board, in the amount of $31.2 million.

Body

Presented By:  City Staff

Recommendation and Review

These supplemental appropriation requests will carryover and reappropriate unexpended prior year grant awards in the amount of $6,703,449.43 and outstanding prior year  encumbrances in the amount of $24,538,593.14 from Fiscal Year 2024.

 

These supplemental appropriations represent an increase of over 1% of the total city budget. Code of Virginia Section 15.2-2507 requires a public hearing for budget amendments that exceed 1% of the budget.