Fairfax County Government and Fairfax County Public Schools
Fiscal Year (FY) 2021 Budget Process Timeline
November 26: FY 2021 Budget forecast presented at joint budget meeting of Board of Supervisors and School Board
January 9: FCPS Superintendent releases FY 2021 Proposed Budget
January 27-29: School Board holds public hearings on budget
February 6: School Board adopts FY 2021 (proposed) Budget Plan
February 25: County Executive presents FY 2021 Advertised (proposed) Budget Plan
February 28: Joint Board of Supervisors and School Board Meeting
March 10: Board of Supervisors authorizes proposed real estate tax rate for FY 2021
March 24: FY 2020 Third Quarter Review submitted to Board of Supervisors for advertisement
April 7: Add-On Package submitted to Board of Supervisors with revised FY 2021 Budget Proposal
April 14: Board of Supervisors holds public hearing on FY 2021 effective tax rate
April 28-30: Board of Supervisors holds public hearings on FY 2021 Budget, FY 2020 Third Quarter Review, and FY 2021-FY 2025 Capital Improvement Program
May 5: Board of Supervisors marks up FY 2021 Budget and adopts FY 2020 Third Quarter Review
May 12: Board of Supervisors adopts FY 2021 Budget, tax rate and budget transfer amount to FCPS
TBD: School Board adopts FCPS FY 2021 Approved Budget
July 1: FY 2021 begins
July 28: FY 2020 Carryover Review submitted to Board of Supervisors for advertisement
September 29: FY 2020 Carryover Review approved by the Board of Supervisors
Fall 2020: Potential additional quarterly review submitted/approved (potential)
Watch: How Our Budget is Built
