Tazewell County Proposed Budget & Tax Levy Ordinance for
FY2023-24
Public Hearing Notice
June 6, 2023 @ 7:00 p.m.
The County of Tazewell’s recommended budget synopsis is prepared and published for informative and fiscal planning purposes only. The inclusion in the budget ordinance of any item or items does not constitute an obligation or commitment on the part of the Board of Supervisors of this County to appropriate any funds for that item or purpose. The budget ordinance is presented on the basis of the estimates prepared by the Tazewell County Board of Supervisors/Budget Committee, and requests submitted to the County Administrator by other offices and department heads of the County. The budget ordinance presumes enactment of a tax levy ordinance. There is no allocation or designation of any funds of the County for any purpose until there has been an appropriation for that purpose by the Board of Supervisors of Tazewell County, Virginia. The budget ordinance is for informative and fiscal planning purposes only and will not be approved, adopted or ratified by the Board of Supervisors until at least seven (7) days after the Public Hearing with an anticipated adoption date of June 27, 2023. The Board of Supervisors of Tazewell County will meet on June 6th at 7:00 p.m. at the Tazewell County Administration Building, 197 Main Street, Tazewell, Virginia 24651, to hold a Public Hearing, for informative and fiscal planning purposes only, to consider the following proposed budgets for fiscal year, 2023-2024:
Tazewell County General Fund Budget 2023-24
Tazewell County Reserve Fund Budget 2023-24
Tazewell County ARPA Fund Budget 2023-24
Tazewell County General Capital Projects Fund Budget 2023-24
Tazewell County Landfill Enterprise Fund Budget 2023-24
Tazewell County General School Fund Budget, 2023-24
Tazewell County School Textbook Fund Budget 2023-24
Tazewell County School Cafeteria Fund Budget 2023-24
Tazewell County Coal Road Improvement Fund Budget 2023-24
Tazewell County Coal Road Economic Development Fund Budget 2023-24
Tazewell County Law Library Fund Budget 2023-24
This Public Hearing is held pursuant to Section 15.2-2500 – 15.2-2508 of the Code of Virginia, 1950, as amended, and is for the purpose of allowing the public to question and comment on the proposed budgets. A copy of the complete budget ordinance is on file in the office of the County Administrator, 197 Main Street, Tazewell, Virginia and posted outside the Circuit Court Clerk’s Office door of the County Courthouse on Main Street in Tazewell, Virginia. It will also be posted on Tazewell County’s website, www.tazewellcountyva.org. All citizens of Tazewell County Virginia have the right to attend and state their views thereon, subject to reasonable time limits as shall be determined by the Tazewell County Board of Supervisors. In accordance with the Americans with Disabilities Act, if you are physically disabled, or hearing or visually impaired and need assistance at the hearing, please call 276-385-1208 or e-mail [email protected].
By: C. Eric Young, County Administrator
TAZEWELL COUNTY BOARD OF SUPERVISORS
Proposed Operating Budget
FISCAL YEAR 2023-2024
ACCOUNT Proposed Budget
DESCRIPTION FY2023-2024
FD 100 GENERAL FUND
REVENUES
Fund Balance – Carryover $ 3,000,000
Property Tax Revenue $ 29,027,436
Locally Generated Tax $ 10,449,510
Permits, Fees & Licenses $ 407,525
Fines & Forfeitures $ 100,000
Rev fr Use of Money & Prop $ 467,780
Court Costs/Fees $ 105,750
Exp Refunds/Reimbursed $ 655,000
Recovered Costs $ 1,262,877
State Non Categoriacal Aid $ 231,640
State Shared Expenses $ 4,718,514
Commonwealth Welfare/State Aid $ 14,646,298
Rev fr Federal Government $ 30,200
Non Revenue Receipts $ 4,441,500
Total Revenue: $ 66,544,030
FD 100 GENERAL FUND
EXPENDITURES
General Government Administration $ 5,978,817
Judicial Administration $ 3,172,284
Public Safety $ 18,470,424
Public Works $ 3,283,628
Health & Welfare $ 1,030,760
Parks, Recreation & Culture $ 1,804,453
Community Development $ 767,558
Non-Departmental & Trans to Other Funds $ 35,007,760
Total Expenditure: $ 69,515,684
Ending Fund Balance: $ 28,346
FD 121 RESERVE FUND
FUND REVENUES
Fund Balance – Carryover $ 7,856,416
Transfer from General Fund $ –
Total Revenue: $ –
FD 121 RESERVE FUND
FUND EXPENDITURES
Expenditures $ –
Total Expenditure: $ –
Ending Fund Balance: $ 7,856,416
FD 203 COAL ROAD IMPROVEMENT
FUND REVENUES
Fund Balance – Carryover $ 2,100,000
Coal Severance Tax $ 1,247,020
Total Revenue: $ 1,247,020
FD 203 COAL ROAD IMPROVEMENT
FUND EXPENDITURES
Coal Roads – By District $ 250,000
Coal Roads – Priority Schedule $ 316,315
Revenue Sharing Paving Projects $ 500,000
Transfer to Cap. Proj Fund $ 258,498
Total Expenditure: $ 1,324,813
Ending Fund Balance: $ 2,022,207
FD 204 AMERICAN RESCUE PLAN ACT FUND
REVENUES
Fund Balance – Carryover $ 4,418,077
ARPA Revenue $ –
Total Revenue: $ –
FD 204 AMERICAN RESCUE PLAN ACT FUND
EXPENDITURES
Transfer to General Fund ARPA Exp. $ 3,493,500
Total Expenditure: $ 3,493,500
Ending Fund Balance: $ 924,577
FD213 LAW LIBRARY FUND
REVENUES
Fund Balance – Carryover $ 42,000
Law Library Receipts $ 8,415
Total Revenue: $ 8,415
FD 213 LAW LIBRARY FUND
EXPENDITURES
Law Library Expenses $ 20,000
Total Expenditure: $ 20,000
Ending Fund Balance: $ 30,415
FD225 COAL ROAD ECONOMIC DEV FUND
REVENUES
Fund Balance – Carryover $ 100,000
Road Economic Tax $ 675,000
Total Revenue: $ 675,000
FD 225 COAL ROAD ECONOMIC DEV FUND
EXPENDITURES
Coal Road Economic Dev Expenses $ 638,724
Total Expenditure: $ 638,724
Ending Fund Balance: $ 136,276
FD 250 GENERAL SCHOOL FUND
REVENUES
Fund Balance – Carryover $ 6,038,340
Forest Reserve $ 10,000
Local Revenue Sources $ 3,899,776
ROTC/Pre-School Initiative $ 937,637
State Shared Revenues $ 56,884,093
Revenue from Federal Government $ 5,156,956
Non Rev Receipts – Transfers fr Gen Fnd $ 15,545,649
Total Revenue: $ 82,434,111
FD 250 GENERAL SCHOOL FUND
EXPENDITURES
Adm./Attd./Hlth. $ 5,437,178
Instruction $ 53,350,583
Operation & Maintenance-Plant $ 14,114,705
Other School Fd. Services $ 111,137
Pupil Transportation $ 5,348,864
Capital Outlay Facilities $ 3,440,783
Debt Service $ 1,203,485
Technology $ 5,775,187
Reduction to FY24 Budget $ (309,471 )
Total Expenditure: $ 88,472,451
Ending Fund Balance: $ –
FD252 SCHOOL CAFETERIA FUND
REVENUES
Fund Balance – Carryover $ 1,004,895
Cafeteria Sales $ 75,000
Miscellaneous Receipts $ 17,000
State Reimb./Food $ 112,290
Federal Reim. Food $ 3,014,500
Local Support $ –
Total Revenue: $ 3,218,790
FD 252 SCHOOL CAFETERIA FUND
EXPENDITURES
Total Expenditure: $ 4,223,685
Ending Fund Balance: $ –
FD 253 SCHOOL TEXTBOOK FUND
REVENUES
Fund Balance – Carryover $ 1,554,170
Damaged Books $ –
Textbook-Local Support $ –
Textbook-State Support $ 508,992
Total Revenue: $ 508,992
FD 253 SCHOOL TEXTBOOK FUND
EXPENDITURES
Total Expenditure: $ 2,063,162
Ending Fund Balance: $ –
FD300 CAPITAL PROJECTS FUND
REVENUES
Fund Balance – Carryover $ 449,919
Springville Fire Station – Grant $ 617,000
CFPF Flood Study $ 332,505
CDBG – ARC Project Jonah $ 1,000,000
Transfer from General Fund $ 671,502
Transfer from Coal Severance Fund $ 258,498
Total Revenue: $ 2,879,505
FD 300 CAPITAL PROJECTS FUND
EXPENDITURES
Public Service Authority Projects $ 880,000
Industrial Development Authority Projects $ 50,000
Project Jonah Water Project $ 400,000
Shott Found. Grant – Tourism Signage $ 49,919
CDBG – ARC Project Jonah $ 1,000,000
Springville Fire Station $ 617,000
CFPF Flood Study $ 332,505
Total Expenditure: $ 3,329,424
Ending Fund Balance: $ –
FD 514 LANDFILL ENTERPRISE FUND
REVENUES
Fund Balance – Carryover $ 2,000,000
Tipping Fees-Ind/Comm & Private Haulers $ 887,155
Municipalities (Nonbillable) – General Fund $ 400,000
Wythe / Bland Contract $ 702,340
$ 1,989,495
Additional Revenue Sources:
Transfer from General Fund $ 2,045,000
Loan Proceeds – Phase V $ 3,000,000
Total Revenue: $ 7,034,495
FD514 LANDFILL ENTERPRISE FUND
EXPENDITURES
Operations & Maintenance $ 3,143,432
Bond Payment $ 424,700
Machinery & Equipment $ –
Capital Improvements-Phase 5 $ 5,400,000
Total Expenditure: $ 8,968,132
Ending Fund Balance: $ 66,363
SUMMARY-ALL FUNDS
FUND BALANCE – CARRYOVER:
GENERAL FUND $ 3,000,000
RESERVE FUND $ 7,856,416
COAL ROAD IMPROVEMENT $ 2,100,000
AMERICAN RESCUE PLAN ACT FUND $ 4,418,077
LAW LIBRARY FUND $ 42,000
COAL ROAD ECONOMIC DEV FUND $ 100,000
GENERAL SCHOOL FUND $ 6,038,340
SCHOOL CAFETERIA FUND $ 1,004,895
SCHOOL TEXTBOOK FUND $ 1,554,170
CAPITAL PROJECTS FUND $ 449,919
LANDFILL ENTERPRISE FUND $ 2,000,000
Total Fund Balance Carryover: $ 28,563,817
Total Revenues Less Transfers: $ 142,531,209
Total Expenditures Less Transfers: $ 160,339,897
Ending Fund Balance: $ 10,755,129
PROPOSED TAX RATES AND LEVIES – FY 2023-2024
TAZEWELL COUNTY TAX EXEMPT INFORMATION
Year ending December 31, 2022, Tazewell County has a fair market real estate value of $3,269,187,900. Of that value, $546,985,900 (16.73%) is tax exempt and immune from real estate taxation because of classification of governmental (Federal, State, Regional, Local, Multiple), religious, charitable, educational, and other. The property is exempted from taxation under 58.1-3607 and 58.1-3608 and Articles 3, 4 and 5 of this Title of the Code of Virginia.
ID: 707400