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The original item was published from 3/5/2014 9:46:00 AM to 3/11/2014 3:43:28 PM.

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Danville, VA Local Government News and Announcements

Posted on: March 3, 2014

[ARCHIVED] City manager presents initial budget version to City Council

City Manager Joe King presented to Danville City Council on Tuesday night an initial version of the city’s budget for the next fiscal year, which begins July 1.

The working draft of the budget was prepared based on guidance provided in recent weeks by City Council. It maintains services, programs and facilities at current levels with few exceptions. Water consumption rates will increase, but no tax rate increases or fee increases are proposed. Use of cash reserves and moderate increases in debt financing make it possible to balance the budget.

The presentation of the working draft took place during Council’s work session.

The city’s charter requires the city manager to present a recommended budget to City Council by April 1. Following that presentation, the charter requires the city manager and City Council to work together in modifying the budget into a formal version for presentation to the public no later than April 30.

King made his recommendations early to enable City Council to undertake a more extensive review of the budget. Toward that goal, City Council will meet every Tuesday evening this month for budget reviews. Last night, City Council reviewed budget drafts for the city manager and city attorney offices, and finance, human resources and utilities departments.

Public hearings will be scheduled later in the budget process. Final adoption must take place no later than June 30. The final budget will serve as a blueprint for city operations from July 1, 2014, through June 30, 2015.

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