CITY OF MARTINSVILLE, VIRGINIA
<br />
<br /> ORDINANCE NO. 99-5
<br />
<br />Enclosure #4-
<br />
<br />Revised
<br />
<br />BE IT ORDAINED by the Council of the City of Martinsville, Virginia, in regular session assembled
<br />June 22, 1999, that the following sums of money be and hereby are appropriated-by Funds-- for
<br />the City's fiscal year ending June 30, 2000, from the following Fund sources of estimated revenue:
<br />
<br /> Changes
<br /> Pr~ected In Fund
<br />Appropriations Revenues Balance
<br />
<br />General Fund $ 23,054,696 $ 23,026, 164 $ (28,532)
<br />Electric Fund $ 12,604,087 $ 11,516,280 $ (t ,087,807)
<br />Water Fund $ 2,558,407 $ 1,974,090 $ (584,317)
<br />Sewer Fund $ 2,364,111 $ 1,705,225 $ (658,886)
<br />Refuse Coll./Landfill Fund $ 4,091,671 $ 3,218,951 $ (872,720)
<br />Stores Fund $ 250,254 $ 250,254 $ -
<br />Rental Asst./CDBG $ 267,239 $ 267,239 $ -
<br />Street Maint. $ 1,823,492 $ 1,823,492 $ -
<br />Cafeteria Fund $ 971,824 $ 971,824 $ -
<br />Schools Fund $ 18,203,391 $ 18, 153,391 $ (50,000)
<br />Hooker Field Fund $ 41,000 $ 41,000 $ -
<br />Capital Reserve Fund $ 3,176,312 $ 2,146,045 $ (1,030,267)
<br />Color Removal Fund $ 350,000 $ 350,000 $
<br />Meals Tax Fund $ 974,378 $ 974,378 $ -
<br />
<br />Total. $ 70,730,862 $. 66,418,333 $ (4,312,529)
<br />
<br />BE IT FURTHER ORDAINED by said Council that the tax rate for said fiscal year shall be, for
<br />each one hundred dollars of assessed valuation, as follows:
<br />
<br />Real Estate $0.94
<br />Personal Prope~y $1.92
<br />MachineN and Tools $1.85
<br />
<br />BE IT FURTHER ORDAINED by said Council that, an emergency existing, this Ordinance shall
<br />be in force on and after July 1, 1999.
<br />
<br />Attest:
<br />
<br />Dewey P. Cashwell, Clerk of Council
<br />
<br />Date Adopted
<br />
<br />July 1, 1999
<br />Date Effective
<br />
<br />wkshtsTbudord
<br />
<br />
<br />
|