Board of Supervisors Meeting Podcast Transcript: Apr.22, 2014
Welcome to the podcast of meeting highlights for the Fairfax County Board of Supervisors meeting on April 22, 2014.
The Fairfax County Board of Supervisors marked-up changes to the proposed budget for Fiscal Year 2015. The marked-up budget includes a 3 percent increase in funding to Fairfax County Public Schools through a half-cent increase in the Real Estate Tax Rate and approximately $6 million in county budget reductions. This is from a total of the $16.5 million in reductions that have been made.
There are some key points for you to know about this budget: First, the
Real Estate Tax Rate will increase a half-cent from $1.085 to $1.090 per
$100 of your home’s assessed value. A half-cent increase in the tax
rate equals an average annual $25 increase on a taxpayer’s bill.
This is expected to increase revenue by $10.9 million.
The budget transfer to Fairfax County Public Schools for school operations will increase by 3 percent over the FY 2014 Budget. The Fairfax County School Board had requested a 5.7 percent increase in February. Combined with the transfer for school debt service, 52.4 percent of the county’s General Fund budget, or $1.95 billion, is provided to the schools.
A three percent increase to the schools is also planned for next fiscal year. Non-uniformed county employees will receive a compensation increase of 2.29 percent. Uniformed public safety employees will receive a 1.29 percent increase as well as step and longevity increases.Board of Supervisors Chairman Sharon Bulova said the Board’s Mark-up Budget Package is “responsible and responsive to the needs of our community and to the uncertain fiscal climate we are operating in.”
The Fiscal Year 2015 Budget will be made final and adopted by the Board of Supervisors at its meeting on Tuesday, April 29. This budget is effective July 1, 2014.
For more information on the Fairfax County Budget go to www.fairfaxcounty.gov/budget.
That’s all for this podcast of meeting highlights for the Fairfax County Board of Supervisors, thanks for listening. For more information about the Fairfax County Board of Supervisors, including full meeting minutes and documents, visit the county Web site: www.fairfaxcounty.gov .This podcast is produced by the Fairfax County, VA, government.