Work Session-FY24 Budget Amendments and Capital-9-19-23Leadership Academy
SML Regional ChamberFY 2024 County Budget Amendments
Highlights
•A total of $26,456,451.22 is the total adjustment amount
that is needed to amend the FY 2024 Budget.
•These amendments include a combination of carryover
funds as well as notice of anticipated additional grants and
state and federal funding
•These amendments have been advertised for Public
Hearing, which will be held at tonight’s business meeting.
PUBLIC HEARING NOTICE
Pursuant to §15.2-2507, Code of Virginia, 1950, as amended, the Pittsylvania County Board of
Supervisors will hold a public hearing on Tuesday, September 19, 2023, at 7:00 p.m., in the Board
Meeting Room, 39 Bank Street, SE, Chatham, Virginia, 24531, to receive citizen input on the
proposed FY2024 Budget Amendments. Public hearing documents are available for public
inspection Monday-Friday, 8 am – 5 pm, in the Pittsylvania County Administration Building, 1
Center Street, Chatham, Virginia, 24531, and on the County’s website,
www.pittsylvaniacountyva.gov.
Proposed
Budget
Amendments
2023-2024
REVENUES
Current Budgeted Revenues $240,190,137.09
Unassigned Fund Balance (Includes Carryovers) 12,468,352.79
School Carryover 9,597,440.30
School State Funds 3,198,577.00
School Federal Funds ( 16,750.00)
Beautification Carryover Funds 30,000.00
Pet Center-Memorials and Donations 111,234.13
Grants Fund Revenue 375,000.00
Workforce Investment Board Grant Funds 150,000.00
CIP General Fund Transfer 505,697.00
Courthouse Security Fees 36,900.00
Proposed Amended Revenues $266,646,588.31
EXPENDITURES
Current Budgeted Expenditures $240,190,137.09
General Fund Operating Budget 12,468,352.79
School Operating Budget 12,779,267.30
Beautification Fund Budget 30,000.00
Pet Center Fund Expense 111,234.13
Grants Fund Budget 375,000.00
Workforce Investment Board Fund Expense 150,000.00
Capital Improvements Projects 505,697.00
Courthouse Security Budget 36,900.00
Proposed Amended Expenditures $266,646,588.31
Breakdown of Amendments
General Fund
Total General Amendments: $12,468,352.79
General Fund Carryovers: $2,870,912.49
School Carryover (Transfer): $9,597,440.30
Breakdown of Amendments
School Fund
Total School Fund Amendments: $12,779,267.30
School Fund Carryovers: $9,597,440.30
Additional State Funding: $3,198,577.00
Reduction in Federal Funding: $ (16,750.00)
Breakdown of Amendments
Total Amendments- Remaining Funds Affected
$1,208,831.13
Beautification Fund Carryover: $ 30,000.00
Pet Center Fund Carryover: $111,234.13
Grants Fund Carryover: $375,000.00
Workforce Development Board (WIB): $150,000.00
Capital Improvements Fund Carryover: $505,697.00
Courthouse Security Fund-CSF Revenue: $ 36,900.00
Leadership Academy
SML Regional ChamberFY 2024 State Budget Highlights
FY 2024 State Budget
•Governor Youngkin signed the FY 2024 State
Budget on September 14, 2023
•This approved budget will have an affect on
Pittsylvania County
FY 2024 State Budget Highlights
•Pittsylvania County Schools will receive approximately $6M in
additional State Funding
•Funding has been provided for all Constitutional Officers to receive a
2% across the board increase effective December 1, 2023
•Funding also provided to all Constitutional Officers to provide
increases to certain positions in Commonwealth’s Attorney’s Offices,
Clerk of Court Offices and Sheriff’s Offices. In addition, funding is
being provided to fund currently unfunded positions in the Treasurer
and Commissioner of Revenue’s Offices.
FY 2024 State Budget Highlights
1% Additional Sales Tax for Schools
•We started collecting the 1% additional sales tax for schools
on July 1, 2023.
•First allotment is due to the County on September 25th. This
allotment should be $270,121. Our regular 1% sales tax
allotment for July was $348,725.77. This month’s school tax
is approximately 77% of the full amount received.
FY 2024 State Budget Highlights
Next Steps
•County and School Staff will review budget information to
determine the full impact of the State Budget
•Additional Amendments will need to be approved once final
figures are determined. This may require a Public Hearing
Leadership Academy
SML Regional ChamberFY 2024 Capital Improvements Fund
Capital Improvements Review
Why is this review necessary?
•Section 8 of the Budget Resolution adopted on May 23,
2023 requires Board approval to reappropriate capital funds
when project are completed.
•Each year, the Capital Funds are evaluated and presented to
ensure the Board is aware of all on-going capital projects
Capital Improvements
•There are capital funds in 3 separate funds:
Capital Improvements Fund (Fund 310)
Water & Sewer Fund (Fund 501)
Solid Waste Enterprise Fund (Fund 520)
Capital Improvements Fund Breakdown
Capital Improvements Fund
Total $9,577,158.11
Computer Capital Outlay $ 203,644.63
B&G Capital Outlay $ 972,239.34
Fire & Rescue Capital Outlay $ 936,879.59
Community Dev Capital Outlay $7,103,118.40
Parks & Recreation $ 351,276.15
Water & Sewer Capital Fund Breakdown
Water & Sewer Capital Funds
Total $4,389,835.46
Water Capital Outlay $1,556,871.71
Sewer Capital Outlay $2,832,963.75
Solid Waste Enterprise Capital Fund Breakdown
Solid Waste Enterprise Capital Funds
Total $4,107,491.98
Solid Waste Capital Outlay $1,649,993.93
Landfill Capital Outlay $1,464,415.98
Solid Waste Capital Outlay-Bonds $ 993,082.07