PALMYRA — The Fluvanna Board of Supervisors will hold two public hearings on April 10 about the fiscal year 2014 budget and capital improvements plan for the next five years.
The budget includes a real property tax rate of $0.795 per $100 assessed and a personal property tax rate of $4.15 per $100 assessed. The total budget is $59,191,051.
The advertised budget includes increasing school funding from the FY13 budgeted amount of $12.52 million to $13.75 million. In FY 13, the school system spent $13.54 million through additional appropriations. The School Board requested $14.1 million.
Other notable increases in the budget include pay increases for county staff on a sliding scale based on how much lower salaries currently are compared to the average position salary.
The proposed FY14 budget is an overall decrease of $1.01 million from FY13′s budget. Major savings come from lowered debt service on the new high school. The county also will not fund money for the Office of Post Employment Benefits, economic development department and non-departmental spending.
The CIP is for five years but when the Board of Supervisors approves it each year, it is only agreeing to fund the first year unless a project continues into multiple years. FY14 advertised CIP has $3.835 million worth of projects.
The CIP for FY14 includes $575,000 for construction of a Zion Crossroad water and sewer system with another $3.1 million in FY15 and $975,000 in FY16. All three years are slated to be from cash with the first year coming from the Fund Balance.
Also in the plan are a groundwater study and adding a water source to the Fork Union Sanitary Department system. The advertised plan has replacing an emergency services apparatus.
The CIP has $1.18 million of spending on school projects including a bus, implementation of a new financial system the county finance department uses, renovations to Carysbrook Elementary School, playground upgrades at Central Elementary School and information techonology like server virtualization and internet equipment upgrades.
The most notable in the remaining years of the CIP is a new elementary school, slated for FY18. The school was placed for $20 million. It, however, is not guaranteed like the FY14 items and FY14 items that carry into multiple years.
In the last budget meeting, supervisors suggested putting the elementary school on the CIP to plan for it now. Also, any future developers will use the CIP to offer proffer money when new developments are being approved. FY14 has $150,000 being used for the renovation to Carysbrook Elementary School and school carpet replacement.
The public hearings will be April 10 at 7 p.m. in the Fluvanna Circuit Courtroom.