| | | | | | | | Spotsylvania County
Board of Supervisors Agenda
Executive Summary |
| | | | | | | | Meeting Date:
| March 13, 2018 |
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| | | | | | | | Title:
| Budget Adjustment and Appropriation for Emergency Management Funding |
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| | | | | | | | Type:
| Action, Appropriation |
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| | | | | | | | Agenda Title:
| Budget Adjustment and Appropriation for Emergency Management Funding |
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| | | | | | | | Recommendation:
| Approve the attached budget adjustment and appropriation. |
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| | | | | | | | Non-Staff Name and Title of Presenters:
| A budget adjustment and appropriation in the amount of $30,000 to amend the budget to reflect funding to be received from Dominion Energy for emergency preparedness purposes. |
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| | | | | | | | Summary:
| Each year, the County receives $30,000 in funding from Dominion Energy for emergency preparedness purposes, but we must claim the funding to receive it. In FY 2017, the funding was budgeted and much of it was spent, but the claim was not made. Because it was designated for Spotsylvania in FY 2017, Fire/Rescue and Finance staff has been in communications with Dominion Energy and are anticipating the $30,000 for both FY 2017 and FY 2018 to be paid to the County in FY 2018.
The FY 2017 carryover purposely included a negative carryover balance for this emergency management program because the revenue had not been received in FY 2017. A budget adjustment is now necessary to balance out that negative entry since it is anticipated that the funding for FY 2017 will come to us in FY 2018. |
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| | | | | | | | Committee/Commission Summary:
| Finance Committee |
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| | | | | | | | Review Date:
| February 22, 2018 |
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| | | | | | | | Financial Impact:
| Please see the attached budget adjustment and appropriation. |
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| | | | | | | | Staff Contacts:
| Bonnie Jewell, Budget Manager |
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| | | | | | | | Consequence of Denial/Inaction:
| The budget will not reflect accurate budgets for the revenue and expenditures associated with the funding to be received from Dominion Energy for emergency preparedness purposes. |
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| | | | | | | | Talking Points:
| A budget adjustment and appropriation in the amount of $30,000 to amend the budget to reflect funding to be received from Dominion Energy for emergency preparedness purposes. |
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