Albemarle County Office of Management and Budget: Difference between revisions
(FY2017 review begins) |
(more 2017) |
||
| Line 11: | Line 11: | ||
==FY2017== | ==FY2017== | ||
When he released his recommended budget in February 2016, county executive [[Tom Foley]] budget recommended 2.5 cent tax increase. <ref>{{cite web|title=Foley proposes 2.5 cent tax increase for Albemarle’s FY17 budget|url=http://www.cvilletomorrow.org/news/article/23061-albemarle-budget-proposal/|author=Sean Tubbs|work=News Article|publisher=Charlottesville Tomorrow|location=|publishdate=February 19, 2016|accessdate=December 29, 2016}}</ref> The [[Board of Supervisors]] began their review on a week later. <ref>{{cite web|title=Supervisors begin combing through FY17 budget|url=http://www.cvilletomorrow.org/news/article/23101-albemarle-budget-review/|author=Sean Tubbs|work=News Article|publisher=Charlottesville Tomorrow|location=|publishdate=February 25, 2016|accessdate=December 29, 2016}}</ref> | When he released his recommended budget in February 2016, county executive [[Tom Foley]] budget recommended 2.5 cent tax increase. <ref>{{cite web|title=Foley proposes 2.5 cent tax increase for Albemarle’s FY17 budget|url=http://www.cvilletomorrow.org/news/article/23061-albemarle-budget-proposal/|author=Sean Tubbs|work=News Article|publisher=Charlottesville Tomorrow|location=|publishdate=February 19, 2016|accessdate=December 29, 2016}}</ref> The [[Board of Supervisors]] began their review on a week later. <ref>{{cite web|title=Supervisors begin combing through FY17 budget|url=http://www.cvilletomorrow.org/news/article/23101-albemarle-budget-review/|author=Sean Tubbs|work=News Article|publisher=Charlottesville Tomorrow|location=|publishdate=February 25, 2016|accessdate=December 29, 2016}}</ref> Supervisors agreed to advertise the recommended tax increase in early March but would later adopt a 2 cent increase. <ref>{{cite web|title=Albemarle Supervisors to consider higher tax rate for FY2017 budget|url=http://www.cvilletomorrow.org/news/article/23213-albemarle-tax-advertisement/|author=Sean Tubbs|work=News Article|publisher=Charlottesville Tomorrow|location=|publishdate=March 8, 2016|accessdate=December 31, 2016}}</ref> {{fact}} | ||
Supervisors would later adopt a 2 cent increase. {{fact}} | |||
==FY2010== | ==FY2010== | ||
Revision as of 14:36, 31 December 2016
The Albemarle County Office of Management and Budget (OMB) is responsible for preparing Albemarle County's annual operating and capital budgets, as well as performing fiscal reporting and measuring cost-effectiveness. The Office is under the direction of the County Executive. [1]
They began using a five-year financial forecast in 2008 to determine long-term fiscal trends. [2]
FY2018
In preparation for fiscal year 2018, budget staff have switched to a two-year financial report that will be voted on by the Board of Supervisors on December 14, 2016.
Resources
FY2017
When he released his recommended budget in February 2016, county executive Tom Foley budget recommended 2.5 cent tax increase. [3] The Board of Supervisors began their review on a week later. [4] Supervisors agreed to advertise the recommended tax increase in early March but would later adopt a 2 cent increase. [5] [citation needed]
FY2010
Recouping money
In 2010, the Board of Supervisors approved the reopening of a vacant business auditor position in order to help determine whether Albemarle County was receiving its share of commercial taxes. As of August 9, 2010, the auditor discovered $383,944 that had not been returned to Albemarle by the state Department of Taxation[6]. The idea had been recommended by a resource utilization study performed on Albemarle County general government by the Commonwealth Educational Policy Institute[citation needed].
References
- ↑ Web. Management and Budget, County of Albemarle, retrieved July 25, 2011.
- ↑ Web. County Executive Tom Foley's proposed FY2017, Office of Management Budget, Page 53, Albemarle County, February 19, 2017, retrieved February 22, 2016.
- ↑ Web. Foley proposes 2.5 cent tax increase for Albemarle’s FY17 budget, Sean Tubbs, News Article, Charlottesville Tomorrow, February 19, 2016, retrieved December 29, 2016.
- ↑ Web. Supervisors begin combing through FY17 budget, Sean Tubbs, News Article, Charlottesville Tomorrow, February 25, 2016, retrieved December 29, 2016.
- ↑ Web. Albemarle Supervisors to consider higher tax rate for FY2017 budget, Sean Tubbs, News Article, Charlottesville Tomorrow, March 8, 2016, retrieved December 31, 2016.
- ↑ "Official County of Albemarle Web Site." Albemarle County, Virginia - Official Web Site. 9 Aug. 2010. Web. 23 Aug. 2010. <http://www.albemarle.org/navpages.asp?info=release&ID=11683>.