Finance

FY 2025 Budget Calendar

 

DATE

TIME

ACTIVITY

Jan. 8, 2024

7:15 PM

Public Hearing for citizen input.

Jan. 22, 2024

7:15 PM

Revenue estimates.

Feb. 26, 2024 7:15 PM Superintendent presents the Proposed FY 2025 MCPS budget to the Board of Supervisors.
Mar. 4, 2024
7:30 PM Presentation of the FY 2025 Proposed Budget. (Special Meeting)

Mar. 11, 2024

7:15 PM

Budget work session.

Mar. 18, 2024

6:30 PM

Establish advertised tax rate and advertised budget. (Special Meeting)

Apr. 4, 2024

6:30 PM

Public Hearing on advertised tax rate and budget. (Special Meeting)

Apr. 15, 2024

6:30 PM

Adopt budget and establish tax rate. (Special Meeting)

 

During a work session for the Board of Supervisors regular meeting on March 25, 2024, they discussed the FY 25 budget and tax rate impacts.

A public hearing on the advertised tax rate and budget was held on April 4, 2024.

 

Budget

The Board of Supervisors adopted its $236.4 million, FY2023-2024 budget on April 24, 2023, and an appropriation was approved on June 12, 2023. The 2023 real estate tax rate was reduced to 70 cents per $100 assessed value.

The County’s budget is the government’s estimated revenues and expenditures for the fiscal year that begins on July 1 and ends on June 30. It consists of operating and capital budgets for county programs and services. The budget also allocates funds for the operating and capital needs of the public school system and contributes to a number of outside agencies. The core function of the budget office is to coordinate, develop, implement and evaluate the County’s operating and capital budgets.


Printed budget books are available for public review at the following locations:


 


Contact
Montgomery County
Government Center
755 Roanoke St. Ste. 2E
Christiansburg, VA 24073

Phone: (540) 382-6954
Fax: (540) 382-5783
email | directions

Hours: Mon.-Fri.,
8:30 a.m. to 5 p.m.