By. Brent Wilson, Field Officer
The March 24th Greene County Board of Supervisors meeting included a significant discussion of COVID-19 impacts on the proposed FY21 Budget. Normally advertising a budget is a rubber stamp step in the budget process, but these are not normal times.
Questions surrounding reduced sales tax revenue due to business closures and restaurant restrictions. The City of Charlottesville has discussed is COVID cutting their budgeted revenue by $5 million to reflect the economic impact. This is nearly a 3% reduction in their budgeted revenue.
County Administrator, Mark Taylor, presented the resolution to authorize the advertising of the Fiscal Budget for 2021 as required by law . The discussion among the supervisors focused on COVID-19 impact as they had just received an update on from Melissa Meador, Director of Emergency Services.
Meador reviewed that both Virginia and Greene County have declared a state of emergency. Taylor explained that the revenue number used in the 2021 proposed budget had been calculated conservatively and he felt there was no need to reduce the sales tax revenue. Unstated was that a reduction in the revenue side of the budget would have required a reduction in expenses in order to keep the budget balanced.
With that explanation, the Board of Supervisors voted 5-0 to approve the resolution to authorize the budget based on a property tax rate not to exceed $.84/$100.
The COVID-19 outbreak is an extremely fluid situation and the budget can be modified up until it is officially ratified by the Supervisors.
Brent Wilson is the Greene County Field Officer for the Free Enterprise Forum a privately funded public policy organization. The Free Enterprise Forum Field Officer program is funded by a generous grant from the Charlottesville Area Association of REALTORS® (CAAR) and by readers like you. To support this important work please donate online