FY27 Public Hearing Public Notice for Budget

PUBLIC HEARING
Proposed Budget for 2026/2027

As authorized via Board of Supervisor’s Resolution R2026-34, adopted on April 14, 2026, the Nelson County Board of Supervisors will conduct a public hearing on the proposed budget for the 2026/2027 fiscal year on Tuesday, May 12, 2026 in the General District Courtroom within the County Courthouse located in Lovingston, Virginia to begin at 7:00 p.m. or as soon thereafter as possible, pursuant to Section 15.2-2506 of the Code of Virginia of 1950, as amended. A brief synopsis of the proposed budget which, except in the case of the school division budget, shall be for informative and fiscal planning purposes only, is presented herein below. As of the submission of this advertisement, the School Division’s budget is based upon the original General Assembly recommended budget proposal. At the public hearing, comments from county citizens will be accepted on the General Fund budget, the Debt Service Fund budget, the Capital Fund budget, the School Division’s budget, the Textbook Fund budget, the Cafeteria Fund budget, the Piney River Water/Sewer budget, the Broadband budget, and the VPA Fund budget. A copy of these proposed budgets may be reviewed at the County Administrator’s Office during normal office hours or on the County’s website at:
https://www.nelsoncounty-va.gov/departments-offices/finance/budget-financial-documents/

The proposed 2026/2027 Fiscal Year budget herein is based upon the Proposed Real Estate Tax Rate (inclusive of manufactured/mobile homes taxed at the Real Estate Tax Rate), Proposed Personal Property Tax Rate, and the Proposed Machinery and Tools Tax Rate as shown below. The Board intends to establish its 2026 Tax Rates on April 27, 2026, via Board of Supervisor’s Resolution R2026-35. Any changes to these proposed rates that affect the proposed 2026/2027 budget will be considered following the public hearing and prior to its adoption. All proposed tax rates are as follows, are effective January 1, 2026 and are levied per $100 of assessed value:

                                                                                                     2025                   Proposed 2026
Real Property Tax                                                    $0.65                            $0.57
Tangible Personal Property                                      2.79                               2.79
Machinery & Tools Tax                                              1.25                               1.25
Manufactured Home (Mobile Home) Tax            0.65                                0.57

PROPOSED 26/27 GENERAL FUND BUDGET

Anticipated Revenue (Local)
General Property Taxes             $32,993,537
Other Local Taxes                            8,698,224
Permits, Fees, and Licenses              532,195
Fines and Forfeitures                         365,374
Interest and Rentals                       1,280,186
Charges for Services                          372,174
Expenditure Refunds                            5,100
Miscellaneous                                       67,977
Recovered Costs                               1,143,521

TOTAL ANTICIPATED LOCAL REVENUES $45,458,288

Anticipated Revenues (State)
Non-categorical Aid       $2,841,475
Categorical Aid                    2,531,642

TOTAL ANTICIPATED STATE REVENUES $5,373,117

Anticipated Revenues (Federal)
Non-categorical Aid $0
Categorical Aid            1,272,003

TOTAL ANTICIPATED FEDERAL REVENUES $1,272,003

Year Ending Balance $4,350,888

TOTAL AVAILABLE REVENUE $56,454,296

Proposed Expenditures
General Government Administration $2,904,897
Judicial Administration                             1,611,708
Public Safety                                               10,111,548
Public Works                                               2,885,585
Health & Welfare                                      4,727,555
Education                                                  21,520,918
Parks and Recreation                                   551,927
Community Development                           940,754
Non-Departmental                                    2,043,126
Capital Outlay (General Fund)               2,560,990
Refunds                                                              32,000
Contingency Reserves                              3,238,004
Debt Service (Transfer to Debt Service) 3,325,284

TOTAL PROPOSED EXPENDITURES AND RESERVE $56,454,296

PROPOSED 26/27 DEBT SERVICE BUDGET

TOTAL ANTICIPATED REVENUE $ 6,943,990

TOTAL PROPOSED EXPENDITURES $ 6,943,990

PROPOSED 26/27 CAPITAL FUND BUDGET

Department of Social Services Building Project $5,014,141
Capital Fund Year Ending Balance                          $300,500

TOTAL ANTICIPATED REVENUE       $5,314,641

TOTAL PROPOSED EXPENDITURES $5,314,641

PROPOSED 26/27 SCHOOL DIVISION BUDGET

Anticipated Revenue (Local)
Transfer from General Fund                                $21,518,914
Transfer from General Fund (School Nursing)       164,935
Transfer from General Fund (Buses)                       600,000
Other Local Funds                                                         609,114

TOTAL ANTICIPATED LOCAL REVENUE $22,892,963

Anticipated Revenue (State)
State Aid            6,445,547
State Sales Tax 2,629,795

TOTAL ANTICIPATED STATE REVENUE $9,075,342

Anticipated Revenue (Federal)
Categorical Aid                                                2,353,071
Federal Covid-19 Stimulus Relief Funding 0

TOTAL ANTICIPATED FEDERAL REVENUE $2,353,071

TOTAL ANTICIPATED REVENUES $34,321,376

Proposed Expenditures
Major Categories Combined $34,321,376

TOTAL PROPOSED EXPENDITURES $34,321,376

PROPOSED 26/27 SCHOOL DIVISION CAPITAL BUDGET

Nelson County High School Renovation Project $8,909,269

TOTAL ANTICIPATED REVENUE        $8,909,269
TOTAL PROPOSED EXPENDITURES $8,909,269

PROPOSED 26/27 TEXTBOOK FUND BUDGET

TOTAL ANTICIPATED REVENUE $241,085

TOTAL PROPOSED EXPENDITURES $241,085

PROPOSED 26/27 CAFETERIA FUND BUDGET

TOTAL ANTICIPATED REVENUE $537,411

TOTAL PROPOSED EXPENDITURES $537,411

PROPOSED 26/27 PINEY RIVER WATER/SEWER BUDGET

TOTAL ANTICIPATED REVENUE $526,422

TOTAL PROPOSED EXPENDITURES $526,422

PROPOSED 26/27 BROADBAND BUDGET

TOTAL ANTICIPATED REVENUE $283,638

TOTAL PROPOSED EXPENDITURES $283,638

PROPOSED 26/27 VPA FUND BUDGET

TOTAL ANTICIPATED REVENUE $2,144,252

TOTAL ANTICIPATED EXPENDITURES $2,144,252

FY26/27 BUDGET SUMMARY AS PROPOSED

REVENUES BY FUND

General Fund                                    $56,454,296
Debt Service Fund                                6,943,990
Capital Fund                                           5,014,141
School Division                                    34,321,376
School Division Capital                        9,209,769
Textbook Fund                                           241,085
Cafeteria Fund                                            537,411
Piney River Water & Sewer Fund           526,422
Broadband Fund                                        283,638
VPA Fund                                                  2,144,252

$115,676,380

EXPENDITURES BY FUND

General Fund                                        $56,454,296
Debt Service Fund                                    6,943,990
Capital Fund                                              5,014,141
School Division                                      34,321,376
School Division Capital                          9,209,769
Textbook Fund                                            241,085
Cafeteria Fund                                            537,411
Piney River Water & Sewer Fund          526,422
Broadband Fund                                      283,638
VPA Fund                                                2,144,252

$115,676,380

BY AUTHORITY OF NELSON COUNTY BOARD OF SUPERVISORS