COUNTY OF HENRICO, VIRGINIA PROPOSED AMENDMENTS TO BUDGET

COUNTY OF HENRICO, VIRGINIA
PROPOSED AMENDMENTS TO BUDGET
FOR FISCAL YEAR ENDING JUNE 30, 2025

The County Manager’s recommended amendments to the budget for fiscal year 2024-25 are prepared and published in synopsis form solely for the purposes of fiscal planning and public information. Publication of this proposed amendments does not constitute an appropriation of funds for those purposes by the Board of Supervisors. Funds cannot be allocated or distributed until they are appropriated by the Board. The amendments consist of estimates and are requests submitted to the County Manager with his recommendations concerning the requests.

The Board of Supervisors of the County of Henrico, Virginia, will hold a public hearing regarding the proposed amendments to the budget at a meeting on February 25, 2025, at 6:00 p.m., in the Board Room at the Henrico Government Center, Hungary Spring and East Parham Roads. The public hearing will be held pursuant to Virginia Code Section 15.2-2507, and is for the purpose of allowing the public to question and comment on the proposed amendments to the budget. All citizens have the right to attend and share their views on the proposed amendments within such reasonable time limits as shall be determined by the Board of Supervisors.

At the February 25, 2025, meeting, after the public hearing, the Board will consider approving the amendments to the Annual Fiscal Plan and appropriating funds, as applicable, for fiscal year 2024-25.

PROPOSED AMENDMENT

ESTIMATED ADDITIONAL RESOURCES

OPERATING FUNDS
Federal Revenue $ 789,974
State Revenue 10,333,013
Fund Balance/Reserves 4,430,791
Total Operating Resources $ 15,553,778

CAPITAL FUNDS
State $ 66,396,943
Fund Balance/Reserves $ 2,607,837
Total Capital Resources $ 69,004,780
TOTAL RESOURCES $ 84,558,558

ESTIMATED ADDITIONAL REQUIREMENTS

OPERATING FUNDS
GENERAL FUND
Fire $ 477,423
Emergency Management 1,400,000
General Services 1,300,000
Recreation and Parks 58,334
Public Works 9,263,023
Total General Fund $ 12,498,780

SPECIAL REVENUE FUND
Police $ 72,409
Fire 30,974
General Services 30,000
Social Services 1,692,985
Public Utilities 895,000
Total Special Revenue Fund $ 2,721,368

CENTRAL AUTOMOTIVE MAINTENANCE FUND
General Services $ 333,630
Total Central Automotive Maintenance Fund $ 333,630
Total Operating Requirements $ 15,553,778

CAPITAL FUNDS
CAPITAL PROJECTS FUND
Recreation and Parks $ 2,480,000
Public Works 66,396,943
Non-Departmental 122,137
Sports and Entertainment Authority 5,700
Total Capital Projects Fund $ 69,004,780

TOTAL REQUIREMENTS $ 84,558,558

A copy of these proposed amendments is available for inspection in the County Manager’s office at the Henrico Government Center, Hungary Spring and East Parham Roads, and is also available to be viewed on the County’s website at: http://henrico.us/finance/divisions/office-of-management-and-budget/

Given under my hand this 12th day of February, 2025.

Tanya N. Brackett, Clerk
Henrico County Board of Supervisors