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vanessa-newVanessa Remmers covers Stafford County government and schools for fredericksburg.com and The Free Lance-Star.

Check here for the latest reports on news from Stafford County. You can email her at vremmers@freelancestar.com.

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Budget Details…The Morning After

Yesterday’s Board of Supervisors meeting was the shortest of my (admittedly short) career. The evening session started at 7 p.m. and was over by 7:30.  Of course, the real action was in the afternoon session when the budget was approved, but even that happened relatively quickly and with little fanfare.

But there’s

1) The county will take the same approach next fiscal year that they did this fiscal year. They will withhold 7% of all county funds to be appropriated after a mid-year review in January.

2) Some people I talked to yesterday raised questions about the timing involved with adopting the budget. The second meeting of each month (as yesterday was) has an afternoon session designated as a “work session,” which means that there is no afternoon public comment period, and no public hearing on the budget.  The budget has been passed the same way for at least the past two years. Much of the timing of the budget process is a matter of law.

3) Before the budget was adopted, supervisors listened to a presentation concerning credit ratings given by consultants from Public Financial Management. The presentation suggested ways that Stafford could increase their rating from AA- (Fitch) to AA+ (Fitch). Recommendations included long-term compliance with financial goals like meeting the prescribed 10% fund balance “reserve” each year, increasing that fund balance goal to 12%, implementing multi-year financial planning and fully funding pension and other post employment benefits.

Supervisors followed some of that advice by creating two new reserve funds – a Revenue Stabilization Fund and a Capital Improvements Reserve.

4) The Sheriff’s Office and Fire & Rescue received “level funding” from the county, meaning that they were budgeted the same amount of money for the next fiscal year as they were in the current fiscal year. County Administrator Anthony Romanello’s original proposed budget recommended doing the same for schools, but that did not happen. The approved local school “transfer” is $100,693,774. Last year, schools received $102,736,533.

Permalink: http://news.fredericksburg.com/staffordnews/2010/04/21/budget-details-the-morning-after/

  • havingfun

    Wow….so level funding for everyone except the schools….we see where their priorities are. Great.

  • http://fredericksburg.com Jonas

    Not level funding for everyone, actually. Just Fire & Rescue and Sheriff. The rest of the county agencies were reduced by an average of 2.73%.

  • havingfun

    Oh darn…that is even more depressing.

  • Cut Services

    They should have cut the FRED Bus service to save money. Very few people ride it in Stafford. They started paying for it during the “good” years and now they’re out of money.

  • havingfun

    How about the fact that county employees get money each month if they don’t participate in the county health plan….school employees don’t get any such benefit. If they don’t participate in the insurance plan, just less that the schools have to pay. If times are so hard, why is this benefit still an option to the county employees?

  • DDF

    Sure sounds like a FOIA request is needed for all communications between BOS members in regards to the budget approval. When was the decision really made?