2007-12-03 - Laserfiche WebLink

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9 Dr. Brown said he thought Council discussed providing half of the School’s requested amount. Regarding departmental adjustments, Dr. Brown said he does not want to create a disincentive for departments to save, but noted that he had asked the City Manager for an additional $100,000 to $200,000 to be put in the CIP. Mr. O’Connell said departments are trying to use the funds now rather than put a request for the funds in the next budget. Mr. Lynch suggested putting money in for stormwater improvements now rather than just in the CIP contingency. Dr. Brown said he would support jumpstarting the stormwater program with $750,000 from the surplus. Ms. Hamilton said she would support that and half of the original request for the schools. Mr. Brown noted that Council has both a resolution designating the fund balance excess and the year end appropriation before it. He said the funds for the Schools need to be appropriated and, because of the amount, a public hearing is required. Mr. Norris said he would favor using $500,000 to increase the tax relief program. Mr. O’Connell said the difficulty is using one-time money for a continuing use. He noted this would also split the calendar year. Dr. Brown said he would rather wait on that. Ms. Hamilton made a motion to approve the resolution approving $5 million for Smith Pool, $761,200 for the Schools, $750,000 for stormwater, and the remainder for the CIP contingency fund. Mr. Lynch seconded the motion, and the resolution was approved by the following vote. Ayes: Dr. Brown, Ms. Hamilton, Mr. Lynch, Mr. Taliaferro. Noes: Mr. Norris. WHEREAS , at the November 19, 2007 City Council meeting, Council expressed a desire to designate some of the $7,035,772 in FY 2007 Fund Balance Target Excess to the following projects: Smith Pool, City School’s technology needs in classrooms, and stormwater infrastructure. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Charlottesville, Virginia that the FY 2007 Fund Balance Target Excess will be dedicated in the following manner: ? $5,000,000 to the FY 2009 Capital Improvement Program for the purposes of funding the first year of construction of a new pool at Smith Recreation Center; ? $761,200 to the City School’s to be used for technology improvements in the classrooms for which a separate appropriation will be passed by Council for the funds to be available to the Schools in the current fiscal year; ? $750,000 towards major stormwater infrastructure improvements BE IT FURTHER RESOLVED , that the remainder of the excess, $524,572, will be transferred to the capital fund contingency account until such time when Council dedicates these funds to specific projects.