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HomeMy WebLinkAbout2020-31RESOLUTION 2020-31 Amending the Water Fund Budget for the Town of Pulaski, Virginia, for the Fiscal Year Beginning July 1, 2020 and Ending June 30, 2021 to Include Funds Carried Forward from the Previous Fiscal Year WHEREAS, after the adoption of the Water Fund budget for Fiscal Year 2020-2021, it has become necessary to further amend the Water Fund budget; and WHEREAS, the original Water Fund budget appropriations were adopted June 2, 2020, and inclusion of "carry over" funds from the previous fiscal year will require amendments to the FY 2020-2021 Water Fund budget as listed in Attachment A -Resolution 2020-31, affixed hereto and expressly made part of this resolution as if set forth herein; NOW THEREFORE, be it RESOLVED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 6th day of October 2020, that: Section 1. The proposed Water Fund budget be amended and hereby is approved as the Water Fund budget for the Town of Pulaski, Virginia, for the fiscal year beginning July 1, 2020 and ending June 30, 2021, in accordance with Section 15.2-2507, of the Code of Virginia 1950, as amended. Section 2. In conjunction with the approval of said Water Fund budget, the following Water Fund "carry over" appropriations be and hereby are approved for the fiscal year as shown in Attachment A -Resolution 2020-31, affixed hereto and expressly made part of this resolution as if set forth herein. This resolution is effective upon adoption and is adopted this 6th day of October 2020 by recorded vote of the Town Council as follows: Lane R. Penn -Aye James A. Radcliffe -Aye Brooks R. Dawson -Aye G. Tyler Clontz -Aye Gregory C. East -Aye Michael P. Reis -Aye THE TOWN OF PULASKI, VIRGINIA By: W. Shannon Collins Mayor ATTEST: David N. Quesenberry Clerk of Council Attachment A -Resolution 2020-31 Water Fund Budget Carry Forward Water Fund Expenditures Amount of Carry Forward Proposed Water Fund Budget Water Fitter Plant 5 15,863.15 $ 956,889.63 Water Fund Expenditures 5 15,663.15 S 2,100,863.15 Water Fund Revenues Amount of Carry Forward Proposed Water Fund Budget Other Financing 5 15,863.15 $ 15 86315 Water Fund Revenues $ 15,863.15 $ 2,100,863.15