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<br /> I. ADOPTION OF BUDGET
<br />
<br />WHEREAS
<br /> , pursuant to Section 19 of the City Charter and Section 15.2-2503 of the
<br />Code of Virginia, the City Manager has caused to be prepared and presented to City Council a
<br />proposed budget for the fiscal year beginning July 1, 2009, and ending June 30, 2010; and
<br />
<br />WHEREAS
<br /> , a synopsis of such proposed budget has been published in the Daily
<br />Progress, a newspaper of general circulation in the City, and notice duly given in such newspaper
<br />and public hearings held thereon on March 16, 2009 and April 6, 2009, and the estimates of
<br />revenues and expenditures therein debated and adjusted by City Council in open public meetings,
<br />all as required by the City Charter and Section 15.2-2506 of the Code of Virginia.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED
<br /> by the Council of the City of Charlottesville
<br />that such document, the statements of fiscal policy set forth therein, and the estimates of
<br />revenues and expenditures therein proposed by the City Manager and debated and adjusted by
<br />the City Council, are hereby adopted as the annual budget of the City of Charlottesville, for
<br />informative and fiscal planning purposes only, for the fiscal year beginning July 1, 2009, and
<br />ending June 30, 2010; and that a true and correct copy of the same, as adopted, shall be kept on
<br />file in the records of the Clerk of the Council.
<br />
<br /> II. GENERAL FUND APPROPRIATIONS
<br />
<br />BE IT RESOLVED
<br /> by the Council of the City of Charlottesville that:
<br />
<br />A. The sums hereinafter set forth are estimated as General Fund revenues for the fiscal
<br />year beginning July 1, 2009.
<br />Local Taxes
<br />
<br />Real Estate Taxes $50,437,398
<br />Personal Property Tax 6,273,000
<br />Public Service Corporation Tax 1,075,000
<br />Penalty/Interest on Delinquent Taxes 350,000
<br />Utility Taxes (City Utilities and Electric) 4,643,072
<br />Virginia Communications Sales and Use Tax 3,580,000
<br />Tax on Bank Stock 550,000
<br />Tax on Wills and Deeds 550,000
<br />Sales and Use Tax 9,925,000
<br />Rolling Stock Tax 14,938
<br />Transient Room Tax 2,395,000
<br />Meals Tax 4,995,000
<br />Short-Term Rental Tax 64,000
<br />Cigarette Tax 695,000
<br />Recordation Tax Receipts 142,436
<br />Vehicle Daily Rental Tax 125,000
<br />Total Local Taxes $85,814,844
<br />Licenses and Permits
<br />
<br />Business and Professional Licenses $5,700,000
<br />Vehicle Licenses 856,800
<br />Dog Licenses 15,000
<br />Electrical, Heating, and Mechanical Permits 120,000
<br />Building and Plumbing Permits 310,630
<br />Other Permits 160,000
<br />Total Licenses and Permits $7,162,430
<br />
<br />Intergovernmental Revenue
<br />
<br /> Revenue from State Agencies
<br /> PPTRA Revenue (State Personal Property Tax) 3,498,256
<br /> State Highway Assistance 3,081,035
<br /> Reimbursement/Constitutional Offices 1,670,560
<br /> State Aid for Police Protection 2,288,070
<br /> Trailer Title 1,200
<br /> Other State Assistance: Misc Rev 35,000
<br />
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