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 $14.6 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 $4,492,135.85 and outstanding prior year encumbrances in the amount of $10,106,370.44 from Fiscal Year 2022.
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.