Finance Update - BOS Meeting - June 24, 2026

The Chesterfield County Board of Supervisors held a finance update meeting on June 24, 2026, focusing primarily on budgetary and procurement-related matters. Key topics included the authorization of bond sales for school capital projects and revenue bonds, with resolutions on the consent agenda for approval. The county and school systems are projecting year-end budget surpluses of approximately $4.2 million and $8.3 million respectively, with discussions on the potential roll-forward of state bonus funds for schools. The meeting also covered updates on the state budget, including allocations for salary increases, special education, and public safety staffing, as well as funding for infrastructure projects such as landfill closure and water treatment. The board discussed the timing challenges related to a proposed 1% sales tax referendum and noted upcoming public hearings on community development authority petitions and tax relief programs. Additionally, the county was recognized for financial reporting excellence with a GFOA Triple Crown Award.