Loudoun County Administrator Philip Bolen, obeying instructions from the County Board of Supervisors, proposed a balanced $62.2 million budget last night that would require no increase in the real estate tax rate.
The budget proposal, subject to approval by the board, calls for a 5.6 percent increase in county spending over this fiscal year while maintaining the current real estate tax rate at $1.13 per $100 of assessed valuation.
Bolen said the assessed value of most homes in the county has remained the same, but that property tax revenue from new homes being built in eastern Loudoun will enable the county to afford spending increases without raising the tax rate.
Bolen forwarded the school board's proposed $38.7 million budget with his approval as part of the budget package. The school budget is 2.5 percent higher than this year's school spending and calls for a 8.3 percent teacher pay raise.
Bolen characterized his budget as "flat," calling for no staff or service cuts and only six new staff positions.
Members of the Board of Supervisors appeared pleased. "It's refreshing to see a budget that is not fraught with crisis," said Supervisor John Milton. (D-Catoctin).
The supervisors will hold public hearings on the proposed budget April 25, and are expected to vote on the budget and tax rate May 2.