The Department of Budget and Management provides financial and management information, control and guidance to the Board of Supervisors, County Administrator and County Departments/Divisions. The department manages the development and execution of the County's Financial Plan and Multi-Year Capital Improvement Program, performs various types of evaluation, research and analyses for the County Administrator, maintains the capital projects administrative procedure and oversees all of the county's capital project budgets. In addition, the department provides fiscal impact analyses on State legislative issues, and administers the county's Cash Proffer Policy.
FY2017 Proposed Budget
The FY2017 proposed financial plan strengthens core services, enhances overall quality of life, and is balanced within the fiscal framework embedded in the approved five-year plan. Per the five-year plan, the budget includes four additional police officer positions, staffing to provide 24-hour emergency medical service in the community served by the Manchester Fire Station (Medic 2), funds to continue a multi-year effort to enhance the library materials collection, and further investments in protective equipment replacement for first responders. In addition, this plan includes a handful of other targeted investments aimed at addressing some emerging challenges in the organization and bolstering service delivery — enhancements that have all been made possible by reductions elsewhere in the budget. These amendments to the five-year plan are headlined by the restoration of Thursday library hours (as of September 1, 2016) and a comprehensive package to support and encourage small business growth in the County. The proposed budget was presented to the Board of Supervisors on March 7, 2016 (see the presentation).
FY2017 Revenue Work Session
The FY2017 Revenue Work Session was presented on February 10, 2016, and summarized the County’s current economic outlook and its implications for the revenue side of the FY2017 budget. In addition, the FY2017 Work Session provided a detailed reconciliation of the current forecast to the revenue outlook embedded in the five-year plan, as well as its preliminary, high-level relationship to the FY2017 spending plan.
FY17-21 PROPOSED Capital Improvement Program
The County Administrators Proposed FY2017-2021 Capital Improvement Program (CIP) was presented to the Board of Supervisors on January 27, 2016 (view presentation).
A public hearing on the proposed CIP is scheduled for March 23, 2016 at 6:30 p.m. in the Chesterfield County Public Meeting Room, 10001 Iron Bridge Road.
FY2016 Adopted Budget
The FY2016 adopted operating budget and Capital Improvement Plan, adopted by the Board on April 15, 2015, is within 0.09 percent of last year’s forecasted total. Overall, the adopted FY2016 general fund budget totals $785.6 million, an increase of 2.46 percent over the prior year total. More importantly, it overcomes an anticipated $6.4 million deficit to accomplish the full list priorities laid out in the Board’s five-year plan with no change to the existing tax rate structure. The centerpiece of the FY2016 plan continues to be additional investments in public safety, education, and capital facilities. The school division remains the largest recipient of new funding – representing more than half of the total growth in the FY2016 budget. On the general government side, the FY2016 plan includes additional manpower in Police and the Emergency Communications, additional equipment for first responders in Police and Fire, and the funding to operate the new North Courthouse Road Library. On the capital front, the adopted plan is headlined by a full $20 million slate of Revenue Sharing (transportation) projects and a continued emphasis on major maintenance.