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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 />