On tomorrow’s agenda we have item 9A, an interim report of an evaluation study of the Prince William County of the Illegal Immigration Enforcement Policy. The policy and its effects have been researched by the Center of Research Study at University of Virginia, so stay tuned.
Too Much Money?
Now PWC suffers from too much revenue. We just can’t win. I have been searching for a positive kudo for Corey since coming on to this blog. Maybe I have finally found it in the Washington Examiner.
Just a few short months ago, Prince William County supervisors were debating solutions to what Board of Supervisors Chairman Corey Stewart described as “probably the toughest budget this board has faced in 25 years É or so.”
This week, they’ll have a different kind of “problem” to deal with — $4.5 million in general revenue funds in excess of budget estimates for the last fiscal year, which ended June 30.
Still, Stewart wasn’t kidding. The board made significant cuts across the board and raised the real property tax rate from $0.97 to $1.212 per $100 of assessed value to address a projected shortfall of nearly $200 million for fiscal 2010. But better-than-projected revenues from real estate taxes, personal property taxes and investment income helped buoy the county over revenue estimates for fiscal 2009.
Budget Director David Tyerar and Finance Director Chris Moreno will both recommend that the excess money to a general finance:
