FY 23 Budget PresentationSubtitle
FY 2022-23 Proposed Budget
Summary Letter
Read the full letter from
Interim County Administrator
Clarence Monday
Landfill Cell
Construction
Title
FY 2022 Recap
Economic
Development
Title
FY 2022 Recap
Internship
Program
Title
FY 2022 Recap
SOLAR
REVENUE
FY 2023 (and beyond)
Gretna
Library
FY 2023
Broadband
FY 2023
FY 23 BUDGET CALENDAR
•December 21, 2021 –Capital
Improvements Plan (CIP) –Updated
and Approved by BOS
•December 31, 2021 –Deadline for
Departmental Budget Requests
•Week of January 17, 2022 –
Departmental Budget Reviews
•March 15, 2022 -Submission of
County Administrator's Budget
FY 2023 PRIORITIES
•Realistic Revenue Forecasts
•No Tax Rate Increases
•Maintain Strong Fund Balance
•Adequate Local School Funding
•Keep pace with inflation in operational
costs
•Fund Immediate Capital Needs
•Build Landfill Reserves
•Jail Project
•Fund Vital County Positions
•Adequate Employee
Compensation
Capital Fund
Water / Sewer
Solid Waste
General Fund
FUND HIGHLIGHTS
Fire Truck: $160,000
Brush Truck: $140,000
Public Safety Ambulance: $105,000
Community-Based Corrections Plan: $52,000
IT Server Network Upgrade: $35,000
CAPITAL FUND
Funding Immediate Capital Needs Only
Rate Study being completed now:
•Sewer Rate Change anticipated as early as July 1,
2022
•Water Rates Change anticipated July 1, 2026
ARPA Funds:
•Robin Court System Improvements ($965,382)
•Horseshoe Road Extension ($873,000)
WATER/SEWER FUND
Three New Convenience Centers
•Climax Road, Level Run, and Meadow Ridge Court
•Three Landfill Contracts for outside Trash: Martinsville,
Bedford and Danville totaling $1.785M annually
•Reserve Fund:$668,837 included in budget for future
liabilities
SOLID WASTE/LANDFILL
GENERAL FUND
No Tax Rate Increases
In Proposed Budget!
GENERAL FUND REVENUES
Real Estate: 62¢ per $100 of assessed
value
Mobile Homes: 62¢ per $100 of
assessed value
Machinery & Tools: $4.50 per $100 of
assessed value at 10% of original cost
Merchant's Capital Tax: $2.75 per $100
of assessed value (Per Schedule)
Personal Property Tax: $9.00 per $100
of assessed value, 30% of market value
FY 2023 PROPOSED TAX RATES
GENERAL FUND REVENUES
What Helped?
•Inflation
•Increased Meals Tax
•Increased Sales Tax
•EMS Revenue
•ARPA Funds
GENERAL FUND REVENUES
What Hurt?
Using previously certified real estate/assessment
data + known construction permit values
GENERAL FUND EXPENDITURES
GENERAL FUND EXPENDITURES
$21,096,356 Local Contribution to Pittsylvania County Schools
More funding required because Local Composite Index
changed from .2446 to .2511 and minimum required effort
changed from $17.5M to $20.5M
6.9%Increase from FY 2022
28%of the General Fund
Education
GENERAL FUND EXPENDITURES
$9.8 Million in Obligated Debt Payments
Mostly for Middle and High School Bonds
Doesn’t include Solid Waste
Obligated Debt
GENERAL FUND EXPENDITURES
$3.6% Increase
Brings salaries up to meet the continued minimum
wage increase
New Positions: Building Inspector and EMS
Coordinator
Salaries/Compensation
GENERAL FUND EXPENDITURES
Electricity Rates-Budget reflects increase of 20%
Gas Prices-Budget reflects increase of 27%
Virginia Retirement System (VRS) Rate Increase
13.4%
Operations
FY 2023 PRIORITIES
Realistic Revenue Forecasts
No Tax Rate Increases
Maintain Strong Fund Balance
Adequate Local School Funding
Keep pace with inflation in
operational costs
Fund Immediate Capital Needs
Build Landfill Reserves
Jail Project
Fund Vital County Positions
Adequate Employee
Compensation
Next Steps
March 15, 2022: Budget Presentation at Finance Committee Meeting
March 15, 2022: Full Board approval to advertise FY2023 County and School
Proposed Budgets
March 20, 2022: Advertisement will run
March 20-April 4, 2022: Potential Budget Work Session(s)?
April 4, 2022: Public Hearings for County and School Budgets to be held at Board
Meeting Room at 5pm.Budget Work Session?
April 11, 2022: Approval of FY2023 County and School Budgets