Release, Town of Herndon:
At its public hearing last evening, the Herndon Town Council adopted a FY 2015 Budget of $48,827,100, a 1.6 percent decrease when compared to the adopted FY 2014 Budget. The town’s FY 2015 begins July 1, 2014 and extends to June 30, 2015.
“The adopted budget maintains our current tax rates and continues the provision of resources toward redevelopment of our downtown, planning for transit-oriented development near our future Metrorail station and continuation of the services and programs our citizens expect and enjoy,” said Mayor Lisa C. Merkel. “We appreciate the input of citizens who helped us determine how to best allocate town resources.”
Highlights of the adopted FY 2015 Budget include:
- Maintenance of the town real estate tax, meals tax and all other taxes and levies at their current levels;
- Continued allocation of resources to strategic capital projects such as major road improvements (Elden Center Streets intersection improvements), downtown redevelopment and planning for the Metrorail area redevelopment; and
- Continued targeted allocation of the one percent increase in the town's meals tax, enacted in the FY 2012 Budget to support downtown utility relocation, major road repaving, and future funding of a downtown parking garage.
See FY 2015 Adopted Budget “Facts-at-a-Glance” follow. The complete budget will be available online at www.herndon-va.gov by July 1.