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File #: 21-270    Version: 1 Name:
Type: Resolution Status: Action Items
File created: 4/13/2021 In control: Board of Supervisors
On agenda: 5/5/2021 Final action:
Title: Approval of Calendar Year 2021 Tax Rates and Adoption of the Fiscal Year 2022 Operating and Capital Budget
Attachments: 1. Att.A - Resolution to Set Calendar Year 2021 Tax Rates, 2. Att. B - FY 22 Budget Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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AGENDA DATE: 5/5/2021

TITLE:
Title
Approval of Calendar Year 2021 Tax Rates and Adoption of the Fiscal Year 2022 Operating and Capital Budget
BODY

SUBJECT/PROPOSAL/REQUEST: Request Board approval of the Calendar Year 2021 Tax Rates and adoption of the Fiscal Year 2022 Operating and Capital Budget

ITEM TYPE: Regular Action Item

STAFF CONTACT(S): Richardson, Kamptner, N. Birch, Bowman, Vinzant

PRESENTER (S): Andy Bowman

LEGAL REVIEW: Yes

REVIEWED BY: Jeffrey B. Richardson

BACKGROUND: On February 24, 2021, the County Executive presented the Recommended Fiscal Year 2022 (FY 22) Operating and Capital Budget (the Budget) to the Board of Supervisors. On March 3, 2021, the Board held a Public Hearing on the County Executive's Recommended Budget and then held several public work sessions and town hall meetings. On March 18, 2021, the Board authorized the advertising of a $0.854/$100 real estate tax rate for the 2021 Calendar Year. On April 28, 2021, the Board held a Public Hearing on the Board of Supervisors' Proposed Budget and a Public Hearing on the 2021 Calendar Year tax rates.

The Proposed FY 22 Budget is for the fiscal year beginning July 1, 2021, and ending June 30, 2022. The 2021 Calendar Year tax rates are for the calendar year beginning January 1, 2021 and ending December 31, 2021. A Calendar Year may sometimes be referred to in County documents as a Tax Year.

STRATEGIC PLAN: Mission - To enhance the well-being and quality of life for all citizens through the provision of the highest level of public service consistent with the prudent use of public funds

DISCUSSION: The FY 22 Budget for the Board's approval on May 5, 2021, totals $466,177,427 and is based upon the real estate tax rate of $0.854 per $100 of assessed value for the 2021 Calendar Year. This is an increase of $106,343 over the County Executive's Recommended Budget and reflects the use of $106,343 in General Government Capital Fund's fund balance for a Transportation Planner...

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