- Budget Overview
- General Fund Revenues
- Property and other Local Taxes
- General Fund Expenditures
- Debt Service
- Budget Highlights
- Capital Projects
- Utilities Fund
- Airport Fund
- Staffing Initiatives
- Proposed Budget Inquiries or Questions
Budget Overview
| FY 2005 | FY 2006 | INCREASE/ (DECREASE) | PERCENT CHANGE | |
|---|---|---|---|---|
| General Fund | $36,752,091 | $39,131,280 | $2,379,189 | 6% |
| Utilities Fund | $52,163,570 | $40,753,440 | ($11,410,130) | (22%) |
| Airport Fund | $3,977,999 | $3,482,120 | ($495,879) | (12%) |
| Capital Fund | $16,075,864 | $23,290,691 | $7,214,827 | 49% |
| TOTAL | $108,969,524 | $106,657,531 | ($2,311,993) | (2%) |
FY 2006 General Fund Revenues
See also: Revenue Summary
Real Estate Taxes
- Real estate tax rate reduced from $0.22 to $0.21
- Average Home Assessment is $353,018 as of January 1, 2005
FY2006 General Fund Expenditures
See also: Expenditure Summary
Debt Service
- Debt Service is 11% of General Fund Budget or $4,291,950
- FY 2005 Bond of $9.08 million approved by Council to fund various capital storm water and street projects.
- Bond funding needed for FY 2006 is estimated at $3.1 million to fund capital projects.
- Debt Service as a percentage of General Fund Budget
- FY 2002 15.1%
- FY 2003 14.8%
- FY 2004 13.9%
- FY 2005 12.4%
- FY 2006 11.0%
Budget Highlights
Police
- Administrative Services Coordinator to free up resources for improving recruitment efforts and evidence room administration.
- Six new police officers, 3 cars, uniforms and equipment to attain desirable officer-to-citizen ratio (2:1,000).
Engineering & Public Works
- Buildings Maintenance Worker I to offset increases in demand for services, especially for lower skilled tasks such as setting up, breaking down, and maintaining meeting spaces.
- Traffic Technician to operate new traffic management system.
- Automotive Technician II to help maintain the additional 45% town-owned vehicles and other pieces of motorized equipment.
- Two new trucks with snowplow attachments for improved response to snow emergencies
Standing Residential Traffic Committee
- Additional funding for traffic calming measures.
Town Manager�s Office
- Town Code Update. To ensure continued compliance with state code and better reflect recent changes in town policies.
- Management Specialist in lieu of Management Intern to perform grant research and writing and to help support grant management.
Balch Library
- Convert part-time Archive Processing position to full-time to improve public access to recent acquisitions.
Office of Capital Projects Management
- Administrative Associate II to support professional staff managing $165.2 million in the five-year capital project plan.
Economic Development
- Additional funding for Downtown Trolley special events
- Wayfinding Sign System outside bypass to help orient visitors entering the Town
- Business Marketing Materials for prospective businesses
Human Resources
- Summer Interns to provide opportunities for students to experience working in government.
Parks and Recreation
- Part-time staff dedicated to security at
Planning & Zoning
- Transportation Planner/Town Transportation Model to help mitigate increasing traffic and transportation needs.
- Urban Forester (starting January) to assist with Urban Forestry Master Plan implementation.
Utilities
- Membership in the Shenandoah-Potomac Nutrient Trading Association.
- Hydraulic-driven Submersible Power Pack to improve utility line repair response and safety.
- Software for remote pumping station to provide data input to the water treatment plant.
Capital Projects
- Total FY 2006 CIP - 50 projects totaling $51.2 million
- Major Projects
- Integrated Management System - $350,000
- Wayfinding signs and bus shelters � $41,250
- Catoctin Circle Trail Southwest - $310,000
- Ida Lee Park Trail Phase II - $261,160
- Lowenbach subdivision improvements - $4,489,110
- Edwards
- Dry
See also: FY 2006-2010 CIP Project Listing & Details (PDF 4M)
Utilities Fund
- Revenues
- No increase in water/sewer user fees
- Water/sewer service charges up 11%
- Availability connection fees down as the town moves toward buildout
- Expenditures
- Operating budget appears lower for FY 2006 due to moving capital expenditures out of Operating Budget and into Capital Budget
- Capital projects � eight projects totaling $25.8 million
- Expand Water Pollution Control Plant $11.5 million
- Maintenance Building $5.8 million
- Expand Water Treatment Plant $4 million
- Water Tank Rehabilitation $3.3 million
- Water System Improvements $500,000
See also: FY 2006-2010 CIP Project Listing & Details (PDF 4M)
Airport Fund
- Revenues/Transfers
- No increase in tie down fees
- Total lease fees increase by 12% due in part to additional lease property
- 14% increase in fuel sales, fixed base fees, user fees, due to increased aircraft activity
- Transfers - $399,000 from the General Fund to the Airport Fund for general operations and capital projects
- Expenditures
- Operating budget remaining flat
- Capital projects � two projects totaling $2.2 million
- South Apron Expansion $1.4 million
- Security Fencing $805,000
Staffing Initiatives
- General Fund � 14 new full-time positions
- Provides for merit increase up to 5% based on performance
- Provides a Cost of Living Adjustment of 2%
- Adjusts the salary schedule by 2% at the minimum of the grade and 7% at the maximum of the grade to stay competitive with neighboring jurisdictions
FY 2006 APPROVED BUDGET INQUIRIES OR QUESTIONS
FOR INFORMATION, QUESTIONS OR A COPY OF THE FY 2006 ADOPTED BUDGET, CONTACT THE OFFICE OF MANAGEMENT & BUDGET 703-737-7016
COPIES ARE AVAILABLE FOR PUBLIC REVIEW AT:
RUST LIBRARY
380 OLD
703-777-0323
BALCH LIBRARY
208 WEST MARKET STREET, LEESBURG,
703-737-7195
