Loudoun County's fiscal year begins July 1. The adopted Fiscal Year 2018 budget will be posted online once the document is available.
FY 2018 Budget Process
Loudoun County County Administrator Tim Hemstreet presented his proposed Fiscal Year 2018 (FY 18) budget to the Board of Supervisors February 15, 2017. The budget totals $2.5 billion in appropriations for the general county government and school system. The budget presentation is online as is the proposed budget document and a presentation on the Capital Improvement Program (CIP) made to the Board's Finance, Government Operations & Economic Development Committee February 14, 2017.
Board of Supervisors FY 2018 Budget Work Sessions
The Board of Supervisors held a series of budget work sessions on the
Proposed Fiscal Year 2018 Budget in March.
The work sessions are available for viewing at
www.loudoun.gov/webcast-archives Documents for the work sessions are online
here.
Board of Supervisors Public Hearings
The Board of Supervisors held public hearings
February 28, March 2, and Saturday, March 4, 2017. The webcasts of the public hearings are online here: February 28 webcast;
March 2 webcast; and
March 4 webcast.
CIP Work Sessions
The Board of Supervisors Finance/Government Operations & Economic Development Committee(FGOEDC) held two special meetings on the proposed FY 2018 Capital Improvement Program (CIP). A meeting originally scheduled for March 8, 2017, was canceled. Documents prepared for the March 1, 2017, meeting, the action report and a link to the webcast of the meeting are online:
The first meeting was held Tuesday, February 21, 2017. The meeting packet, action report and a link to the webcast of the meeting are online:
The FY 2017 Budget Story is Online
The FY 2017 Budget Story is a companion document to Loudoun County’s FY 2017 Adopted Budget. The Budget Story was produced to provide an additional resource for Loudoun’s residents to learn about the county’s budget. The Budget Story highlights a wide variety of county programs and illustrates some of the many ways the county puts tax dollars to work.
Adopted FY 2017 Budget is Online
The adopted Fiscal Year 2017 budget for the Loudoun County government, which was adopted by the Board of Supervisors on April 5, 2016, is online.
The budget totals approximately $2.46 billion in total appropriations for the general county government and school system for FY 2017. The budget went into effect July 1, 2016, while the new tax rates were effective April 5, 2016.
The adopted budget included a real property tax rate of $1.145 per $100 in assessed value. The personal property tax rate remained unchanged at $4.20 per $100. The budget included a local transfer to Loudoun County Public Schools of $694.8 million, a 5.5% increase in local tax funding over FY 2016 and 97.6 percent of the School Board’s budget request. More information is online in the news release below:
Where the Money Goes
Click
here to view a representation of where tax dollars are used in Loudoun County in FY 2017.
For More Information
Background on the Fiscal Year 2017 budget and the budget process is online
here.