County Executive Proposes $3.8 Billion FY 2016 Budget; Plan for FY 2017 Budget
Feb. 17, 2015
- Budget Information and Resources
- Budget Calendar and Timeline
- 2015 Real Estate Assessment Information
- Video: Understanding the Budget Process
Fairfax County Executive Edward L. Long presented his proposed Fiscal Year (FY) 2016 Budget, including the Multi-Year FY 2016-2017 Budget Plan to the Board of Supervisors at its meeting today. He proposed a General Fund budget of $3.8 billion for FY 2016 (July 1, 2015 through June 30, 2016), an increase of 2.61 percent over the FY 2015 Adopted Budget Plan. (The total of all appropriated funds is $7.13 billion, which includes the General Fund as well as other appropriated funds such as state and federal grants.)
Long recommends no Real Estate Tax increase in his proposed FY 2016 Budget. The currentReal Estate Tax Rate is $1.09 per $100 of assessed value. The average increase in residential assessments (value) countywide for FY 2016 is 3.39 percent, which means real estate taxes per typical household will increase $185 on average. The value of a penny on the Real Estate Tax Rate is $22.6 million in FY 2016. Each penny change in the tax rate equals an average $52 on a taxpayer’s bill.
Nonresidential real estate values (including commercial) decreased 0.60 percent and remain a significant concern for the next several years.
“Underlying this budget are the realities of our fiscal situation,” explained Long. “Although the county’s economy continues to grow, we are clearly underperforming the national economy. Residential real estate assessments are growing at only half the rate of last year and nonresidential real estate assessments are down from last year. In this economic environment we are not able to fund all our priorities.”
The recommended transfer to Fairfax County Public Schools (FCPS) for school operations and debt service is $2.01 billion, a 3.43 percent ($66.7 million) increase over FY 2015. This transfer accounts for 52.8 percent of the proposed county budget expenditures. Although not included in the transfer, the proposed county budget also includes $73.4 million in additional support for school services including Head Start, school health, resource officers and crossing guards, after-school programming, field maintenance and recreational programs, among others.
“Earlier this month the School Board requested an operating transfer of $1.84 billion for FY 2016 that would mean a $70.6 million, or 3.99 percent increase, in the county transfer to fully fund,” said Long. “This request would require an additional $14 million which has not been included in my proposed budget. However, the proposed budget follows the guidelines provided by the Board of Supervisors, including funding of full day Mondays at elementary schools.”
Summary of Additional Proposed Budget Recommendations:
- Reductions include a net decrease of 45 county government staff positions (10.96 positions per 1,000 residents, down from 11.04 in FY 2015) and approximately $900,000 identified by county employees through the recent Mission $avings initiative.
- Commitment to increase financial reserves to protect county’s Triple A bond ratings.
- Continued support of critical human services, public safety and economic success programs and initiatives.
- A compensation increase for county employees based on a partial Market Rate Adjustment as well as performance and longevity increases. Increases in funding of health insurance and other benefits also included.
Public hearings on the proposed FY 2016 Budget are held in the Government Center Board Auditorium:
- April 7, 4 p.m.
- April 8, 1 p.m.
- April 9, 1 p.m.
Those wishing to speak at a public hearing can sign up online to place their name on the speakers list or contact the Office of the Clerk to the Board at 703-324-3151, TTY 703-324-3903. The public hearings will be held in the Board Auditorium, Fairfax County Government Center and will be shown live on Fairfax County Government Channel 16. You can also provide feedback and comments on the proposed budget through mid-April. Given the volume of comments, individual responses will not be possible.