Prince William County has announced its proposed budget for the fiscal year 2025, totaling $1.77 billion.
The average residential property tax bill in Prince William County for FY2025 is projected to be $5,098, a $243 increase, up five percent from the previous year. The budget keeps the real estate tax rate steady at $0.966 per $100 assessed property value.
This figure represents the financial obligation of homeowners within the county, encompassing the costs associated with various county services and infrastructure projects, as outlined in the proposed budget.
It focuses on critical areas, including the implementation of collective bargaining agreements, the progression of capital projects, and enhancing the efficiency of service delivery across the county.
Key highlights include a substantial increase in school funding, with a transfer of $887.2 million, representing a 10.1% increase from the previous year. Additionally, the budget addresses the need for more public safety personnel and infrastructure improvements.
This financial plan seeks to balance responsible fiscal management and the need for ongoing community and economic development, ensuring the provision of essential services without raising the general tax rate.
Prince William County Executive Christopher Shorter is expected to present his proposed budget to the Board of County Supervisors at 7:30 p.m. Tuesday, Feb. 20, 2024, during a public meeting at the McCoart County Government Center, 1 County Complex Court in Woodbridge.
Over the following months, the Board will engage in work sessions and public hearings to gather input on the proposed budget before its adoption on April 23. Noteworthy events in the budget calendar include a virtual community meeting on Feb. 24, where residents can ask questions about the proposed CIP and budget, and a public hearing on the proposed budget on March 19.
Additionally, the Prince William County School Board will present its proposed budget on April 2 through the revenue sharing agreement, where the county provides 57.23 percent of general fund revenue to the schools.
Throughout the process, the public is encouraged to participate by attending meetings, asking questions through the interactive Budget Q&A platform, or contacting their district supervisor.
The budget adoption is slated for April 23, with all meetings held at the Board Chambers in the McCoart Administration Building in Woodbridge, starting at 7:30 p.m., unless otherwise specified.
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Big decisions and new initiatives are always unfolding around us—decisions that can leave us questioning the future and wondering how they will impact our community. But at Potomac Local News, we’re dedicated to showing you the way forward, helping you understand these changes and what they mean for the road ahead.
This week, we brought you exclusive stories that showcase how our community is evolving, from the cancellation of a major road project to the launch of new fundraising initiatives. Here’s how we’re showing you the way forward:
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A debate over financial transparency and fiscal responsibility erupted during the Prince William Board of County Supervisors’ meeting as members weighed the transfer of $31.6 million to Prince William County Schools (PWCS). The funds, representing the school division’s share of the Fiscal Year 2024 general revenue surplus, were allocated under the county’s long-standing revenue-sharing agreement.
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Travel to French soil and join us for a night filled with two of the most beloved French traditions—no plane ticket required! ?
On January 25th, we invite you to experience the magic of Galette des Rois, a 700-year-old tradition celebrated across France throughout the entire month of January (and even beyond!). This sweet, almond-filled puff pastry topped with a golden crown isn’t just a treat—it’s a celebration! The lucky person who finds the fève (a porcelain charm hidden in one of the slices) becomes the King or Queen for the Day, and don’t worry—there will be plenty of royalty to go around! ??
But that’s not all! In France, Les Voeux (New Year’s wishes) continue throughout January, often accompanied by Champagne and good cheer. We’re bringing that festive spirit to you, with a lively evening packed with French food, wine, and music.
What’s in store:
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Experience the passion and drama of Puccini’s “The Girl from the Golden West”.
Featuring special guest musicians from The Chesapeake Youth Orchestra,
this performance brings Puccini’s masterpiece to life with an extraordinary cast.