UPDATED - PUBLIC NOTICE
The Rockingham County Board of Supervisors will hold a public hearing at its January 24, 2024, meeting commencing at 7:00 p.m., at Spotswood High School in the Auditorium, 368 Blazer Drive, Penn Laird, Virginia, to take public comment on the proposed delay or termination of the contract with Lantz Construction to construct the Crossroads Field House.
If you would like to sign up ahead of time to speak, please email publiccomment@rockinghamcountyva.gov.
Crossroads Field House
The purpose of this amendment is to authorize the expenditure of approximately $7,000,000, which exceeds 1% of the total County budget for FY2023-24, to delay or terminate the contract with Lantz Construction to construct Crossroads Field House.
FY 2023-24
GENERAL FUND
| Current Budget | Amended Budget |
| Revenue: |
|
|
| General Fund: Fund Reserve | $1,500,000 | $0 |
| General Fund: Fund Reserve | $4,000,000 | $0 |
| General Fund: Fund Reserve | $0 | $7,000,000 |
|
|
|
| Expenditure: |
|
|
| General Fund: Board of Supervisors | $0 | $7,000,000 |
| General Fund: Trans. to Tourism Fund | $4,000,000 | $0 |
| General Fund: Trans. to Capital | $1,500,000 | $0 |
CAPITAL PROJECTS FUND
| Current Budget | Amended Budget |
| Revenue: |
|
|
| Capital Project: Trans. from Tourism Fund | $5,500,000 | $0 |
| Capital Project: Trans. from General Fund | $1,500,000 | $0 |
|
|
|
| Expenditure: |
|
|
| Capital Project: Crossroads Field House | $7,000,000 | $0 |
TOURISM FUND
| Current Budget
| Amended Budget
|
Revenue:
|
|
|
Tourism: Trans. from General Fund
| $4,000,000
| $0 |
Tourism: Fund Reserve
| $1,500,000
| $0 |
|
|
|
Expenditure:
|
|
|
Tourism: Transfer to Capital Projects
| $5,500,000
| $0 |