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Leesburg Town Council Adopts Fiscal Year 2019 Budget, Sets Real Estate Tax Rate at 18.4¢

Post Date:04/10/2018 8:39 PM

Leesburg, VA (April 10, 2018) – On Tuesday, April 10, 2018, the Leesburg Town Council adopted the real estate and personal property tax rates for the 2018 calendar year and approved the Fiscal Year 2019 Budget and Fiscal Year 2018-2023 Capital Improvements Program (CIP).  The Council maintained the current real estate property tax rate at 18.4¢ per $100 of assessed value. 

The adopted Fiscal Year 2019 General Fund Budget, including debt service, totals $59 million which is a 3.3% increase over Fiscal Year 2018. The budget includes four new full-time positions in the General Fund that address issues of cybersecurity, keeping up with new construction, and improving customer service through business efficiencies and technology applications. Two additional positions were added in the Utilities Fund to accommodate 24/7 operations at the Water Pollution Control Facility.
 
As part of the budget adoption, the Council also adopted the Fiscal Year 2018-2023 Capital Improvements Program (CIP). The CIP includes 40 projects, totaling $168.4 million over the six years of the program. For Fiscal Year 2019, the CIP is $42.4 million.  Notable projects in the Capital Improvements Program that will begin construction in Fiscal Year 2019 are utility relocation for the Route 7/Battlefield Parkway interchange, the final phase of Sycolin Road widening from Tolbert Lane to the southern town corporate limits, and the widening of Evergreen Mill Road. Expansions of the Police Department building on Plaza Street and the refurbishment of the Town Shop building on Russell Branch Parkway were added to the six-year CIP in Fiscal Years 2020 and 2023, respectively.

The newly-adopted Fiscal Year 2019 Budget and the Fiscal Year 2018-2023 Capital Improvements Program will be available for download from the Town’s website at www.leesburgva.gov/budget within the next month. The proposed budget document is available now.

Media Contact:
Betsy Arnett
Public Information Officer
barnett@leesburgva.gov
703-771-2734