JAMES CITY COUNTY, Va. (WAVY) — James City County has released its budget proposal for the next fiscal year.
The proposed budget for the FY2025 General Fund and the Capital Projects Fund total $289.3 million, this is $40.9 million less than the FY2024 budget.
According to a news release, the decrease can be attributed to the Capital Projects Fund, which included funding for a PreK Space, a General Services Building, and other significant projects.
However, the General Fund budget of $254.5 million represents a $23.4 million or 10.1% increase over FY2024.
Highlights of the proposed budget include:
- No tax rate change in real estate tax, the proposed will remain at 83 cents per $100 valuation.
- The personal property tax rate is recommended to remain at $4.00 per $100 valuation.
- The Proposed Budget includes no new fees or proposed fee increases, other than to the County’s ambulance transport services, to align with Medicare reimbursement rates. These fees would be effective July 1, 2024.
- Anticipated debt service increase for a PreK space and a new General Services Building.
- Funding for investments in County staff retention and compensation.
- Increased funding to support WJCC Schools’ request to support teacher and staff pay raises.
The Board of Supervisors is expected to vote on the County’s FY2025-26 Proposed Budget at their May 14 meeting.
