After a long budget season that featured predicted school layoffs and pay raises, outside-of-the-box budget thinking and ended with a $1.4M budget deficit, the Clarke County Board of Supervisors remained true to their commitment to keep the county’s budget “revenue neutral” for fiscal year 2012.
Absent any changes between today and a scheduled public hearing, the Supervisors plan to approve the following rate changes:
|2010 Tax Rate||Proposed 2011 Tax Rate ($ per $100 of Assessed Valuation)|
|Machinery & Tools||1.25||1.25|
“Even though the personal property rate has gone down this year it will bring in the same amount of revenue” Supervisor John Staelin (Millwood) remarked during discussion over the budget numbers. “This is a revenue neutral budget.”
Although Clarke’s budget deficit is $1.4M, that amount includes roughly $1.12M in what Supervisors have termed “pay-as-you-go” projects. The projects include conservation easement funding ($150K), CCPS operating carryover ($247K), construction debt service ($258K), park master plan ($100K) and a senior center / park office ($400K).
“Pay-as-you-go” projects are being funded partially out of one-time money set aside in previous funding years. So although the FY2012 budget deficit equals $1.4M, the unfunded portion of the budget is only $258K, an amount that the Supervisors believe can be made up over the course of the coming year. A last minute budget adjustment to the Clarke County Sheriff’s Department pushed the deficit from $248K to $258K when the Commonwealth of Virginia failed to provide funding from its Public Safety Fund fee after the amount had been budgeted but ultimately not approved.
Supporting documents used in the Clarke County budget process will be available on the county’s website beginning on March 16th.
A public hearing on the budget is planned for April 5th at 7:30pm at the Joint Government Center.
March 16, 2011 – Additional budget data: