Summary of the Board of Supervisors changes to the proposed FY 2015 Budget.

1. FY 2015 Budget Mark-UpFY 2015 Budget Mark-Up
Summary of the Board of
Supervisors changes to the
proposed FY 2015 Budget
April 22, 2014

2. Real Estate Tax RateReal Estate Tax Rate
 Half-penny increaseHalf-penny increase
– From $1.085 to $1.090 per $100 of
assessed home value.
– $25 average annual increase for taxpayers.
– $10.9 million in revenue, dedicated to
schools.

3. Funding for SchoolsFunding for Schools
 3 percent increase for Fairfax County
Public Schools (3 percent planned for next
year, too).
 Funded through real estate tax increase and
$6 million in county government budget
reductions.
 52.4 percent of the county’s general fund
budget, or $1.95 billion, is provided to

4. Employee CompensationEmployee Compensation
 Non-uniformed county employees will
receive a total compensation increase of
2.29 percent.
 Uniformed public safety employees will
receive a 1.29 percent increase as
well as step and longevity increases.

5. Budget Info and ResourcesBudget Info and Resources
 The FY 2015 Budget will be adopted by the
Board of Supervisors on April 29.
 The FY 2015 Budget is effective July
1.
More information on
the Fairfax County Budget

6. Budget Info and ResourcesBudget Info and Resources
 The FY 2015 Budget will be adopted by the
Board of Supervisors on April 29.
 The FY 2015 Budget is effective July
1.
More information on
the Fairfax County Budget