Fairfax County Executive Releases FY2011 Budget

On Feb. 23, 2009, Fairfax County Executive Anthony H. Griffin proposed a General Fund budget of $3,313,476,563 for Fiscal Year 2010 (July 1, 2009, through June 30, 2010), a decrease of 3.70 percent from the FY 2009 Revised Budget Plan. Excluding adjustments in the current fiscal year, the decrease from the FY 2009 Adopted Budget is $39.1 million or 1.17 percent. The proposed budget increases the Real Estate Tax rate to $1.04 per $100 of assessed value. The total of all Appropriated Funds is $5,839,237,244.
The recommended transfer to the Public School Operating Fund is $1,626,600,722, which is the same level as Fiscal Year 2009. However, the transfer request approved by the Fairfax County School Board on Feb. 5, 2009, is $1,683,372,525, an increase of $56.8 million, or 3.5 percent over the FY 2009 Adopted Budget Plan transfer. In addition, the County’s Transfer for School Debt Service is $163,767,929, an increase of $9,134,754, or 5.9 percent, over the FY 2009 Revised Budget Plan. The combined transfer for School Operations and Debt Service is $1.790 billion, which represents 54 percent of total County General Fund Disbursements.
The County Executive recommended an increase in the real estate tax rate that will hold average taxes paid by residential property owners relatively flat with their FY 2009 payment level. At the proposed real estate tax rate of $1.04 per $100 of assessed value, along with the newly proposed Stormwater Service District rate of $0.015 per $100 of assessed value, the taxes paid by the average residential taxpayer will be $14 more than their FY 2009 tax bill.


(go to County page for addiitonal budget details)