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Each fiscal year begins on July 1, with the prior fiscal year ending on June 30.
Triple AAA by all three rating agencies (Fitch Ratings, Moody's, and Standard and Poor's). The County has maintained a Triple AAA rating since 1997. Maintaining a Triple AAA bond rating means the County is well positioned to access the lowest available rates and competitively market Chesterfield for new business.
The Capital Improvement Program is published annually with the adopted budget (PDF).
The Board of Supervisors adopts the budget in April, as the County Charter requires the Board’s action by May 1.
Anytime! Feedback, comments, and input are welcomed anytime during the year. The budget office can be reached via email or online at Blueprint Chesterfield. The Board of Supervisors typically hosts community meetings during the Fall and early Spring time-frame to receive feedback directly related to the proposed budget.
Blueprint Chesterfield is a framework that helps to better organize longstanding county practices related to budget and strategic planning. It’s the County’s system for planning, establishing, and resourcing community priorities.
Property taxes make up nearly 60% of the revenue for general fund operations, followed by state funding around 18%, utility and other local taxes around 16%, and then the remaining 6% from departmental revenues, federal funding, and other miscellaneous revenues.
The current FY2018 Budget (PDF) allocates 46.5% or $345,263,200 of the total general fund budget to schools.