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<br />98
<br />
<br />TUESDAY, MAY 27, 1986
<br />
<br /> Appropriations R e v e n u e s
<br /> and From
<br /> Reserves Current Surplus
<br />General Fund $20,282,553 $19,324,952 $ 957,601
<br />Electric Fund 11,929,330 11,282,360 646,970
<br />Water Fund 1,914,412 1,640,420 273,992
<br />Sewer Fund 1,847,279 1,619,000 228,279
<br />Stores Fund 153,603 148,370 5,233
<br />Revenue Sharing Fund 45,381 45,381 0
<br />Cafeteria Fund 666,253 666,253 0
<br />Housing Services Fund 358,211 329,560 28,651
<br />Electric Capital Reserve Fund 565,000 565,000 0
<br />Prison Fund 577,833 577 ,833 0
<br />Industrial Park Fund 152,234 0 152,234
<br />Textbook Fund 120,500 120,500 0
<br /> $38,612,589 $36,319,629 $2,292,960
<br />
<br />BE IT FURTHER ORDAINED by said Council that the tax rate for said fis-
<br />cal year shall be, for each one hundred dollars of assessed valuation,
<br />as follows:
<br />
<br />Real Estate
<br />Personal Property
<br />Machinery and Tools
<br />
<br />$0.76
<br />$2.25
<br />$1. 85
<br />
<br />BE IT FURTHER ORDAINED by said Council that an emergency existing, this
<br />ordinance shall be in force on and after July 1, 1986.
<br />
<br />Upon motion, duly seconded and unanimously carried, Council approved and authorized
<br />
<br />the filing of two applications for highway safety project grants with the Virginia
<br />
<br />Department of Motor Vehicles for the purchase of a pavement striper for the City's
<br />
<br />Street Marking & Signs Division of the Public Works Department and for the purchase
<br />
<br />of a traffic records computer for the City's Police Department.
<br />
<br />Upon motion, duly seconded and unanimously carried, Council adopted the following
<br />
<br />resolution expressing Council's support of the Martinsville-Henry County Clean Com-
<br />
<br />munity Commission and its programs for 1986-87:
<br />
<br />WHEREAS, the Council of the City of Martinsville, Virginia, recognizes
<br />the existence of a litter problem within the boundaries of the City; and
<br />
<br />WHEREAS, the Virginia Litter Control Act of 1976 provides, through the
<br />Virginia Department of Conservation and Historic Resources, Division of
<br />
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