Budget Development


Fiscal Year 2023 to 2024 Budget Documents

About the Fiscal Year 2024 to 2025 Budget Process

Budget preparation is a year-long process of gathering information, analyzing data, and working with departments to understand upcoming needs. Development of the 2024 to 2025 fiscal year budget began with work sessions with the Board of Supervisors occurring in September 2023 and will continue through May 2024. The capital portion of the budget and the operating portion will be proposed on March 26, 2024. By state law, localities like Roanoke County must approve a balanced budget by June 30. On May 28, 2024, the Roanoke County Board of Supervisors will adopt the Fiscal Year 2024 - 2025 Annual Fiscal Plan and the Fiscal Year 2025 - Fiscal Year 2034 Capital Improvement Program. 

A locality’s budget is a document that projects a county’s revenues and expenses for the upcoming year to ensure that the local government can cover costs. The process Roanoke County undertakes to develop a balanced budget for the upcoming year is dependent on many factors that include - but are not limited to - county expenditures (expenses, i.e.: fuel, building maintenance, employee salaries, etc.), local tax revenue collection, citizens’ expectations for continued service levels, funding for Roanoke County Public Schools, and funding from the Commonwealth of Virginia.

Throughout Roanoke County’s budget process, the Board of Supervisors and staff will hold several public work sessions as well as public hearings to gather citizen input before the budget’s final adoption. In addition, citizens can send ideas to Roanoke County Finance & Management Services - Budget Division staff at any time by using our online Budget Comments and Suggestions Form.

Additional Information

For questions about the budget process, please email Budget Division staff or call 540-772-2073. Please send us your comments and suggestions!

Important Dates & Presentations from the Fiscal Year 2024 to 2025 Budget Development Process

DatesTopic
September 26, 2023Consent agenda of the Board of Supervisors to approve Fiscal Year 2024 - 2025 Budget Development Calendar
Work session with the Board of Supervisors to discuss Fiscal Year 2022 - 2023 Preliminary and Unaudited Year-End Overview
October 24, 2023Work session with the Board of Supervisors to discuss Capital Project Status Update
December 12, 2023Briefing to the Board of Supervisors to review Fiscal Year 2022 - 2023 Audit Results
January 9, 2024Briefing to the Board of Supervisors to discuss 2024 Real Estate Assessment
January 23, 2024Work session with the Board of Supervisors to review Fiscal Year 2024 Mid-Year Revenue and Expenditure Updates.
February 13, 2024Work session with Board of Supervisors to discuss Fiscal Year 2024 - 2025 Revenue Outlook, County Fees and Charges Compendium, and Outside Agency Funding
February 27, 2024Work session with Board of Supervisors to discuss Fiscal Year 2024 - 2025 Compensation Update
Work session with Board of Supervisors to discuss  FY 2025 - 2034 Capital Improvement Program
March 12, 2024Public Hearing on Effective Tax Rate
March 26, 2024Briefing to the Board of Supervisors on the County Administrator's Proposed Fiscal Year 2024 - 2025 Operating Budget and Capital Improvement Program Presentation
Work session with Board of Supervisors to discuss Fiscal Year 2024 - 2025 Operating Budget (One of Two)
April 9, 2024Public Hearing to Adopt Fiscal Year 2023 - FY 2024 Tax Rates
Work session with Board of Supervisors to discuss FY 2024 - 2025 Operating Budget Information (Two of Two)
April 23, 2024Public Hearing on Operating and Capital Budgets (first of two)
May 14, 2024
Public Hearing on Operating and Capital Budgets (second of two)
1st reading of Ordinances to Adopt and Appropriate Funds for Fiscal Year 2025 Operating and Capital Budget
May 28, 2024
2nd reading of Ordinances to Adopt and Appropriate Funds for Fiscal Year 2025 Operating and Capital Budget
Resolution to approve operating and capital budgets, revenues and expenditures for County and Schools


For More Information

For more information about the budget process, please email Budget Division staff or call 540-772-2073. To view previously adopted budgets, please see our Annual Fiscal Plan page.