Tag: budget
County leaders explain budget priorities
Fairfax County’s advertised budget for FY 2027 “reflects sound financial management during a period of economic uncertainty,” County Executive Bryan Hill said during a virtual Mason District Budget Town Hall on March 2 hosted by Supervisor Andres Jimenez. “We are making strategic investments while holding the real estate tax flat,” Hill said. While the advertised … Continued
FY 2027 budget would retain current tax rate
Fairfax County Executive Bryan Hill presented a FY 2027 advertised budget to the Board of Supervisors on Feb. 17 that proposes maintaining the current real estate tax rate of $1.1225 per $100 of assessed value. If that rate is adopted by the board, the average homeowner’s tax bill is projected to increase by approximately $356 … Continued
Budget shortfall predicted for Fairfax County
The Fairfax County budget forecast for fiscal year 2027 looks grim, according to statistics discussed at a joint meeting of the Board of Supervisors and School Board last week. “With county revenues estimated to increase by $225.5 million, there is a combined net projected budgetary shortfall of $131.5 million,” according to the FY 2027 Budget … Continued
Fairfax County gets back 50 cents for every dollar it sends to Richmond
For every dollar of revenue Fairfax County produces for the state, it receives just 50 cents in return. That’s the key finding in a report by the University of Virginia’s Weldon Cooper Center for Public Service. Matt Scheffel, an economist at the Cooper Center, presented the report to the Fairfax County Board of Supervisors’ Economic … Continued
Del. Watts outlines legislative priorities
The huge electoral win by Virginia Democrats earlier this year offers a big opportunity to get their legislative priorities enacted by the General Assembly. However, the continuing cuts in federal funding will pose a huge challenge to the state budget. A Democratic agenda The Democratic victory “gives us the flexibility to really have a dialogue … Continued
Medicaid cuts would harm Virginians and the state budget
The budget reconciliation bill expected to be passed by Congress would impose a significant burden on Virginia, including the elimination of Medicaid benefits and safety net assistance for hundreds of thousands of residents. The bill will result in a 21 percent cut in Medicaid for Virginia, state Sen. Saddam Salim (37th District-Merrifield) said at a … Continued
FCPS cuts funding for staff and programs
The Fairfax County School Board adopted a budget for fiscal year 2026 after making some tough decisions to offset a $121 million shortfall. The board reduced to 6 percent the previously agreed-upon 7 percent raise for employees represented by Fairfax Education Unions. Non-union employees will get a 5 percent raise. Teachers, however, might have larger … Continued
Board approves meals tax, cuts tax rate
The Fairfax County Board of Supervisors agreed to reduce the tax rate, impose a meals tax, and fully fund middle school afterschool programs. Those are the key takeaways from the FY 2026 budget markup approved by the board on May 6. The advertised budget presented to the board in February proposed increasing the property tax rate by … Continued
Mason District leaders to fight for funds for the middle school afterschool program
Mason Supervisor Andres Jimenez and Mason School Board member Ricardy Anderson both said they will fight to ensure continued funding for the middle school afterschool program. Jimenez and Anderson spoke at a virtual Mason District Budget Town Hall on March 26, along with County Executive Bryan Hill and Fairfax County Public Schools Chief Financial Officer … Continued
Fairfax County executive proposes a lean budget for FY 2026
Fairfax County Executive Bryan Hill presented a proposed 2026 budget to the Board of Supervisors that would increase the real estate tax by 1.5 cents and cut spending by $60 million. The FY 2026 Advertised Budget Plan would provide a $125.3 million increase in funds for Fairfax County Public Schools – far below the $268.3 … Continued
FCPS proposed budget seeks 7 percent salary increases
The proposed FY 2026 budget for Fairfax County Public Schools calls for a 7 percent salary increase for all staff and additional investments in students who need extra support. “The budget is fiscally responsible and invests in excellence – not just for FCPS, but for all of us in Fairfax County who want a strong community with successful young … Continued
County projects a dire budget picture
Fairfax County’s budget forecast for FY 2026 projects a $292.7 million shortfall, due to declining office property values, rising employee compensation, and limited revenue growth.
McKay: Trump administration would devastate the local economy
A second Trump presidency could have a devastating effect on the Fairfax County economy, Board of Supervisors Chair Jeffrey McKay warns.
Park Authority is considering budget cuts
A proposed budget for fiscal year 2025 under consideration by the Fairfax County Park Authority calls for major reductions in facilities, services, programs, and staffing.
Board approves 3-cent tax increase
The Fairfax County Board of Supervisors approved a marked-up budget package for FY 2025 on April 30 that raises the property tax rate by 3 cents – to $1.125 per $100 of assessed value. That is one cent less than the $1.135 rate in the advertised budget proposed in February. The 3-cent increase will add … Continued