PITTSYLVANIA COUNTY, Va. (WFXR) — On Thursday night, the Pittsylvania County Board of Supervisors voted unanimously to approve the budget for the 2022 fiscal year.
This budget will include no tax or rate increases. It features a general fund of $71.5 million and continues to increase funding for public safety and education.
“Pittsylvania County government has managed to navigate the COVID-19 pandemic without any significant, negative impacts on our finances. We are pleased with the way that this budget increases funding for two of our government’s most critical roles in education and public safety, while also continuing to faithfully pay off debt.”Ron Scearce, Vice-Chairman of the Board of Supervisors and Chairman of the Finance Committee
In total, 71% of the general fund budget goes towards those three categories—public safety, education, and debt, the majority of which comes from the 2007 $70 million high school and 2001 $39 million middle school construction bond referendums.
“That leaves 29% for everything else we do: recreation, community development, information technology, finance, and all the other things we do,” said Pittsylvania County Administrator David Smitherman.
Under this budget, Pittsylvania County’s Real Estate Tax rate of $.62 for every $100 of assessed value will remain the same.
This tax rate will yield approximately $28.8 million in revenue for FY 2022, making up 40% of all general fund revenues. Other significant revenue sources come from state funds ($21.6 million) and personal property taxes ($10.3 million).
The total budget includes expenditures of $211,321,028, which is about $26 million more than the FY 2021 budget of approximately $201 million. Those increases are due in large part to increases in state and federal funding, including a school division budget that increases from $101 million in FY 2021 to $113 million in FY 2022.