Budget Subcommittee Meeting - Feb 24, 2026

The Botetourt County Budget Subcommittee convened on February 24, 2026, to review the fiscal year 2027 budget development process. Presentations included an economic overview provided to the state governor and legislature, highlighting modest state growth projections and local economic conditions. The subcommittee received a detailed update on the county's budget calendar, expenditure categories, and revenue projections, noting a preliminary budget of approximately $107.1 million against projected revenues of $94.1 million, primarily from local sources such as property taxes. Discussions focused on the need for budget cuts, transparency in school funding, and the impact of new residential developments on county services and finances. The county administrator explained the budget review process, emphasizing departmental-level scrutiny and the balancing of expenditures with revenues through reserves if necessary. The subcommittee also planned a series of public departmental budget reviews to enhance transparency and community engagement before the final budget adoption scheduled for May 26, 2026.