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<br />~82
<br />
<br />TUESDAY
<br />
<br />NOVEMBER 9, 1976
<br />
<br />be amended to provide procedures by which a vacancy on the Council may be
<br />
<br />filled. After some discussion, and following several alternative amendment
<br />
<br />suggestions offered by Councilman Oakes, Council unanimously authorized
<br />
<br />City Attorney Worthy to proceed with the drafting, for Council's
<br />
<br />consideration, of one of Councilman Oakes' suggested amendments, viz., if
<br />
<br />Council fails to fill a councilmanic vacancy within thirty days and at least
<br />
<br />six months of an unexpired and vacated term remains, a special election shall
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<br />be called for the purpose of filling such vacancy.
<br />
<br />Upon motion, duly seconded and unanimously carried, Council authorized and
<br />
<br />directed the merging and/or consolidating of certain funds within the City's
<br />
<br />accounting structure, barring any legal prohibitions, pursuant to Councilman
<br />
<br />Greene's recommendations included in his following prepared statement:
<br />
<br />The City's finances are currently broken down into eighteen
<br />separate funds. The Annual Budget, Audit and Quarterly
<br />Financial Statements are presented with this Eighteen-Fund
<br />Format.
<br />
<br />On May 14, Mr. Yeaman suggested to Council that the School
<br />Building Construction Fund and the Community Development
<br />Fund be merged with the General Fund because they serve no
<br />useful purpose and the merger will eliminate long-standing
<br />fund deficits. I agree with Mr. Yeaman that both of these
<br />funds should be closed out and merged with the General Fund;
<br />in addition, I feel we should go a step further and
<br />restructure the City's accounting system by changing eight
<br />additional funds to accounts within the general fund:
<br />City Transit, Virginia Public Assistance, Special Welfare,
<br />School, Cafeteria, School Textbook, Prison, and Redevelopment-
<br />Housing. After these ten funds are changed into accounts
<br />within the General Fund, the City's accounting records will
<br />consist of only eight funds instead of the present eighteen.
<br />The eight remaining funds will be General, Water, Sewer,
<br />Electric, Sewer Bond, Revenue Sharing Trust, Federal
<br />Programs, and Central Stores.
<br />
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