Tuesday, March 12, 2013
Supervisor McKay, Lee District School Board Rep Tammy Kaufax will host the meeting in Franconia.
Lee District Supervisor Jeff McKay, Lee District School Board Representative Tammy Kaufax, and county and school budget staff will host a presentation and Q and A session on the proposed Fairfax County budget Wednesday night. "Over the past decade we’ve worked hard at diversifying our economy but between 10 and 20 percent of our local economy is related to defense or federal contracting to the tune of about $25 billion," McKay said in an email sent to constituents on Monday. "With a substantial amount of the county’s workforce involved in some way with what happens on the federal side, that’s a lot of potential drop in retail sales, car purchases, home sales, and the like." The budget presentation and Q and A will take place from 7 - 9 p.…
Wednesday, March 6, 2013
Supervisors advertise a higher real estate tax of $1.095 per $100 of assessed value, a 2-cent increase from the current rate but not as high as one supervisor hoped.
The Fairfax County Board of Supervisors has increased the FY 2014 budget’s advertised real estate tax rate by 2 cents, at $1.095 per $100 of assessed value over the current rate of $1.075. Supervisors approved the rate in a 9-1 vote Tuesday after killing an amendment from Supervisor Gerry Hyland (D-Mount Vernon) to raise it another 1.5 cents to $1.11 per $100 of assessed value. Hyland’s proposal would have hiked the average resident’s taxes $332, but was shot down in a 8-2 vote against the amendment. Once the Board sets an advertised tax rate, it can’t legally adopt one any higher. Hyland argued that with the unknown effects of sequestration on the horizon, the Board should advertise a rate that would give it room to adjust to cuts and …
Sunday, December 23, 2012
As the Fairfax County School board stares down $162 million deficit, midyear review funds will help boost next year's beginning balance.
Fairfax County Public Schools has found an extra $9.7 million in its Fiscal Year 2013 budget, much of which school board members voted Thursday night to set aside for its FY 2014 beginning balance — a budget year in which the system faces a $162 million deficit. The money will increase next year's beginning balance from $41.6 million to $51.1 million. School board members have been waiting for the outcome of a midyear budget review since the fall, as it began to grapple with a projected deficit of $93.7 million in Fiscal Year 2014, a number that doesn't include another $68.4 million shortfall in "significant program needs." At a joint meeting in November, Fairfax County Executive Ed Long said the county anticipates being able to give the…
Wednesday, November 28, 2012
Facing hundreds of millions in deficits in Fiscal Year 2014, Fairfax County leaders try to plan around federal sequestration, unpredictable revenue.
As the leaders of Fairfax County and its school system sat together Tuesday to stare down upcoming fiscal years threatened by larger-than-normal deficits and the potential impact of sequestration, both groups agreed they would have to take a new approach in future budget cycles, one that relies less on what has been done in the past and more on multi-year budgeting and reprioritizing wants and needs — a "new way of doing business." "I think we have to look at things very differently and we have to be willing to take some risk on things we haven't done before," County Executive Ed Long said during a joint meeting Tuesday afternoon between the Board of Supervisors and Fairfax County School Board. Combined with the loss of $61 million in one-…
Michael Josef Basl
7:28 pm on Tuesday, December 25, 2012
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