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Fy2014 Budget

Monday, March 11, 2013

Fairfax County Board of Supervisors Begins Budget Work Tuesday

A tax hike and no employee raises are some of the issues supervisors will tackle in committee meeting for Fiscal Year 2014 spending plan.

The Fairfax County Board of Supervisors will begin to dig into the meat of the Fiscal Year 2014 budget during its first budget committee meeting Tuesday afternoon. Supervisors will gather at 1 p.m. Tuesday in conference rooms 9 and 10 at Fairfax County Government Center to begin hammering out the details of County Executive Ed Long’s $7 billion advertised budget, which features no raises for employees and a slightly higher tax rate. The committee is also expected to go over the $2.5 billion Fairfax County Public Schools budget for fiscal 2014. School Board members requested $95 million from supervisors, a 5.5-percent increase in transfer, for a total of $1.78 billion. But Long was only able to give schools a 2 percent increase in transfer…

Tuesday, February 26, 2013

Fairfax County to Unveil FY2014 Budget Today

The county faces a $169 million shortfall.

Fairfax County Executive Ed Long will unveil the county’s proposed Fiscal Year 2014 budget today. The county faces budget shortfalls of $169 million and $274 million in fiscal years 2014 and 2015, respectively. In order to better prepare for the future, he says, Long will present a multi-year budget plan for FY2014-2015 during the Board of Supervisors regularly scheduled Feb. 26 meeting. Those shortfalls are based on keeping the tax rate unchanged while also increasing the transfer to Fairfax County Public Schools. Fairfax County School Board officials intend to ask for an increase of 5.5 percent – or $92.4 million – for a total transfer of $1.77 billion. During a joint meeting of the two boards in November 2012, Long included an increase …

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