FY 2004 Adopted Budget

FY 2004 BUDGET OVERVIEW

�	FY2003	FY2004	Increase / Decrease	Percent Change
General Fund	$32,955,248	$32,975,523	$20,275	0%
Utilities Fund	$26,941,469	$25,808,694	($1,132,775)	-4%
Airport Fund
-Operating & Debt	$1,145,341	$1,181,373	$36,032	3%
-Capital*	$70,000	$3,000,000	$2,930,000	�
Capital Fund**	$2,437,000	$6,309,633	$3,872,633	159%
Total	$63,549,058	$69,275,223	$5,726,165	9%
*Airport Fund - 98% of Capital Projects paid for with Federal and State grants. ** Capital Fund- Majority of Projects paid for with non-town funds.

FY 2004 GENERAL FUND REVENUES

REAL ESTATE ASSESSED VALUES

PER CAPITA REAL ESTATE TAXES

FY 2004 BUDGET REVENUES

• Increase in cigarette tax from 20 cents to 50 cents ($500,000)
• Increase and initiate various user fees ($100,000)
• Reallocate surplus capital project funds from pay as you go capital projects to department operations ($705,000)
• Use of Irwin W. Uran trust funds ($496,000) for approved purposes (e.g. schools, police, social services)
  

FY 2004 GENERAL FUND EXPENDITURES

FY 2004 DEBT SERVICE

• Debt service for FY 2004 is 13.9% of the General Fund budget or $4.45 million
• Debt service is down from 14.8% ($4.9 million) of FY 2003 Operating Budget
• Total General Fund debt is $47.9 million
  

FY 2004 GENERAL FUND FUND BALANCE (Reserve)

Purpose
Quickly respond to unforeseen emergencies or circumstances

Bond rating agencies require reserve to maintain strong bond rating

Fund Balance
10% of General Fund budget

$3,303,103

FY 2004 BUDGET HIGHLIGHTS

INFORMATION TECHNOLOGY

• INTEGRATED TECHNOLOGY PLAN � To develop a plan for integrating town software for efficient information sharing among departments and with citizens.
• GIS IMPLEMENTATION PHASE II � To continue development of the geographic mapping system to allow citizens and town employees to retrieve and view town maps.

POLICE

• TWO SERGEANTS � Addition of two Sergeants to Patrol Operations to complete the deployment of six patrol teams.
• DETECTIVE � Addition of a detective to concentrate on gang related activities.
• COMMUNITY NOTIFICATION SYSTEM � To implement a computerized telephone calling system to disseminate emergency and non-emergency information to citizens, and businesses directly and through voice mail.

• WAYFINDING SIGN SYSTEM � To replace existing signs and add signs directing visitors and residents to various destinations and sites of interest throughout the town.

EMERGENCY MANAGEMENT

• EMERGENCY OPERATIONS EQUIPMENT � To purchase equipment for the efficient management of any emergency/disaster operations.

• TOOLS TO ASSIST WITH COMPREHENSIVE PLAN UPDATE � To contract for a facilitator to assist with community outreach activities and aid in updating the town�s Comprehensive Plan, and purchase a plotter to produce large maps for presentations and inclusion in studies and sector plans.

HUMAN RESOURCES

• INCENTIVE AWARDS PROGRAM � To establish a program to recognize and award employees actions that contribute to teamwork, leadership, innovation, customer service, and quality service.

• CASH RECEIPTS SOFTWARE - To provide a computer software package that will automate the cash receipting function.

ENGINEERING & PUBLIC WORKS

• TRAFFIC TASK FORCE PILOT PROJECTS � To implement traffic calming projects recommended by the Standing Residential Traffic Committee.

STAFFING

• Includes merit pay of up to 5% for employees
• No cost of living wage adjustment
• Additional Positions
  • General Fund � 3 new full-time positions
  • Utilities Fund � 4 new full-time positions
  • Airport Fund � 1 new full-time position

SUPPORT TO COMMUNITY ORGANIZATIONS

Leesburg Volunteer Fire Company*	$163,000
Loudoun County Rescue Squad	150,000
Library Foundation/August Court Days	7,000
First Night Leesburg	2,500
Loudoun Convention & Visitors Association	50,000
Loudoun Museum	27,000
Northeast Quadrant Coalition***	20,000
Bluemont Concert Series**	10,000
YMCA	10,000
Loudoun Volunteer Caregivers***	7,500
Loudoun Co. Small Bus. Dev. Center	10,000
Northern Virginia Family Services***	10,000
Virginia Regional Transportation Assoc.	61,700
Total	$528,700
*$38,000 is from the Virginia Fire Programs Fund. **includes a $5,000 Virginia Commission for the Arts Grant. ***Irwin W. Uran Fund.

UTILITIES & AIRPORT FUNDS

• Water and sewer rates remain the same
• Four new positions

AIRPORT FUND

• No fee increases
• One new maintenance position for expanded responsibilites for terminal expansion scheduled to be completed in the second half of FY 2004

FY 2004 BUDGET INQUIRIES OR QUESTIONS

FOR INFORMATION, QUESTIONS OR A COPY OF THE FY 2004 ADOPTED BUDGET, CONTACT THE OFFICE OF MANAGEMENT & BUDGET 703-737-7016

COPIES ARE AVAILABLE FOR PUBLIC REVIEW AT:

RUST LIBRARY
380 OLD WATERFORD ROAD, LEESBURG, VIRGINIA
703-777-0323

BALCH LIBRARY
208 WEST MARKET STREET, LEESBURG, VIRGINIA
703-737-7195