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]44
<br />
<br />TUESDAY, MAY 23, 1995
<br />
<br />BE IT ORDAINED by the Council of the City of Martinsville, Virginia, in
<br />regular session assembled May 23, 1995, that the following sums of
<br />money be and hereby are appropriated--by Funds--for the City's fiscal
<br />year ending June 30, 1996, from the following Fund sources of estimated
<br />revenue:
<br />
<br />ADDroDriations
<br />
<br />RevenHes
<br />
<br />Changes In
<br />Projected Fund
<br /> Balance
<br />
<br />General Fund
<br />Electric Fund
<br />Water Fund
<br />Sewer Fund
<br />Refuse Coll/Landfill Fund
<br />Stores Fund
<br />Cafeteria Fund
<br />Schools Fund
<br />Housing Fund
<br />Capital Reserve Fund
<br />Prison Farm Fund
<br />Street Maintenance Fund
<br />Hooker Field Fund
<br />Color Removal Fund
<br />Meals Tax Fund
<br />
<br />19,455,322 18,935,634 (519,688)
<br />11,870,617 11,525,688 (344,929)
<br />2,373,066 2,345,740 (27,326)
<br />2,344,430 2,286,400 (58,030)
<br />1,845,602 2,730,800 885.,198
<br />207,195 207,195 0
<br />781,000 781,000 0
<br />14,559,128 14,694,094 134,966
<br />898,587 854,370 (44,217)
<br />728,691 130,000 (598,691)
<br />689,619 689,619 0
<br />1,755,218 1,755,218 0
<br /> 9,244 8,798 ( 446)
<br /> 360,000 360,000 0
<br /> 910,612 675,000 (235,612)
<br />
<br />Total 58,788,331 57,979,556 (808,775)
<br />
<br />BE IT FURTHER ORDAINED by said Council that the tax rate for said
<br />fiscal year shall be, for each one hundred dollars of assessed
<br />valuation, as follows:
<br />
<br />Real Estate
<br />Personal Property
<br />Machinery and Tools
<br />
<br />80.84
<br />$1.92
<br />Sl.85
<br />
<br />BE IT FURTHER ORDAINED by said Council that this Ordinance shall be in
<br />force on and after July 1, 1995.
<br />
<br />Council considered adoption, on first reading, of Ordinance No. 95-5
<br />amending Chapter 12--Motor Vehicles and Traffic, Article IV--Stopping,
<br />Standing and Parking, of the City Code by repealing Section 12-82--Two-
<br />hour limit on parking in free space in municipal parking lot behind
<br />Jefferson Plaza, and amending Section 12-103--Parking Citation
<br />Penalties. Adoption of the Ordinance would enact the recommendations
<br />of the Uptown Parking Committee by removing time limits in all
<br />municipally-owned lots and increasing the penalties for parking
<br />violations. Councilman Willjams expressed concern that adequate public
<br />
<br />
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