Fiscal Year 2015 Budget
Board Adopts Fiscal Year 2015 Budget
On April 2, 2014, the Loudoun County Board of Supervisors approved a budget totaling approximately $1.98 billion for the general county government and school system for Fiscal Year 2015 (FY 15). The adopted budget gives the Loudoun County Public Schools nearly $70 million more than the FY 14 budget.
The Board set the real property tax rate at the equalized tax rate of $1.155 per $100 in assessed value, which will hold the average homeowners’ real property tax bill steady. The personal property tax rate remains unchanged at $4.20 per $100.
Board Concludes Budget Worksessions
The Loudoun County Board of Supervisors has concluded its series of budget worksessions on the
County Administrator's Proposed Fiscal Year 2015 spending plan. The final worksession was held March 20, 2014.
At its final FY 15 budget worksession, the Supervisors voted to increase Loudoun County Public Schools (LCPS) funding by $68.3 million, providing a total appropriation of $600.8 million. More information is online in the following news release:
Links to documents prepared for the worksessions can be found in the table below. The archived videos of the worksessions are available here
The Board concluded its public hearings on the proposed FY 15 spending plan on Saturday, March 1, 2014. The archived webcast of the February 26 public hearing is available for viewing here
. The webcast of the March 1 public hearing is available here
The worksession dates and times link to documents prepared for the meeting .
Meetings also are posted on the Loudoun County Government Master Calendar
Board of Supervisors/School Board Meet February 18
The Loudoun County School Board made a presentation on the Loudoun County Public Schools (LCPS) proposed operating budget for Fiscal Year 2015 to the Board of Supervisors at a joint meeting Tuesday, February 18, 2014, at the LCPS Administration Building, 21000 Education Court in Ashburn. The webcast of the meeting is available for viewing online:
Board Requests Information from Schools
Loudoun County Board of Supervisors Chairman Scott K. York has sent a letter on behalf of the full Board of Supervisors to the School Board requesting information about what programmatic needs and requirements can be fulfilled or not fulfilled within the funding provided to the schools under the County Administrator’s FY 15 budget proposal. The letter is online:
Hemstreet Presents Proposed Fiscal Year 2015 Budget
Loudoun County Administrator Tim Hemstreet has presented a proposed fiscal plan for the Loudoun County Government for Fiscal Year 2015 (FY 15) to the Board of Supervisors
. The fiscal plan totals about $2 billion in appropriations for the general county government and school system. FY 15 begins July 1, 2014, and ends June 30, 2015. The presentation and budget documents are online:
The table of contents in the budget document is presented in an easy-to-use linked format. Hover your mouse over the page numbers.)
The budget for the Loudoun County Government and Loudoun County Public Schools is funded by numerous sources, including federal, state, and local funds. The primary source of funding in Loudoun County is the real property tax. Other sources of funding include the personal property tax, other taxes and fees, and funding from the Commonwealth of Virginia. The Fiscal Year 2015 (FY 2015) budget will be effective from July 1, 2014 – June 30, 2015.
The budget for the Loudoun County Public Schools is determined by the Loudoun County School Board. The Board of Supervisors decides the overall amount of funding received by LCPS, which is the largest expenditure in the county's fiscal plan. The School Board is responsible for all programmatic funding for LCPS and line items in the LCPS budget, including teacher salary and benefits. More information on the LCPS budget and School Board process can be found at www.lcps.org
Send a Comment about the Budget
The Board of Supervisors holds public input sessions at each of its business meetings, which are held on the first and third Wednesday of each month. Public input starts as early as 6:00 p.m. In addition to speaking to the Board in person at a public input session or during a budget public hearing, you may send your comments about the Loudoun County budget via email to
or to the Board's general email box here
. You may also call the Citizen Comment Line, 703-777-0115; or write to the Board of Supervisors, P.O. Box 7000, Leesburg, VA 20177. Contact information for individual Board members is online here
Current Budget and Archives
The Fiscal Year 2014 (FY 2014) adopted budget for the Loudoun County government is online. The fiscal year runs from July 1, 2013, through June 30, 2014. The document may be viewed or downloaded in its entirety or as separate volumes. Please note that the online document includes bookmarks for easier navigation. Also, the Table of Contents is presented in an easy-to-use, linked format. Hover your mouse over the page numbers, click, and you will be taken to that page.
Background on the FY budget and the process that led to its adoption is online here
The adopted budgets from past fiscal years are online.