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<br />M Martinsville <br /> <br />City Council <br />Agenda Summary <br /> <br />Meeting Date: <br />Item No: <br />Department: <br />Issue: <br /> <br />May 23, 2006 <br />7.A. <br /> <br />Finance <br /> <br />Accept and appropriate funds in the School Fund and General <br />Fund for FY06 budget. <br /> <br />Summary: <br /> <br />Accept in FY06 budget $79,378 in the School Fund. $75,000 is for salaries and <br />supplies for the NASA program. $4,378 is recovered fuel costs of which $3,500 <br />will be used for stipends. <br /> <br />Accept in FY06 budget $35,040 in the General Fund. These funds are from a <br />Federal grant for prevention of terrorism. <br /> <br />Attachments: <br /> <br />Spreadsheet <br /> <br />Recommendations: Motion to approve <br />