NOTE: The budget process is a prediction of spending for Town operations, services and programs; it is not a representation of the actual revenues and expenditures for a fiscal year. Actuals for each fiscal year are represented in the annual audit reports and Comprehensive Annual Financial Reports (CAFR). You can view a history of these reports here.
Revenues: Where does our funding come from?
Expenditures: What is our funding spent on?
Note: The $15.3 million difference between the Town’s total revenue and total expenditures is covered by the Town’s capital reserve funds and unexpended funds from previous years.
Budget Process Calendar
- Budget templates and forms were distributed to departments, and staff met to discuss the budget process.
- Departmental budget requests were due, along with end of the year expenditure estimates, personnel requests and capital outlay requests.
- Finance Director and Town Manager began reviewing budget requests and end of year expenditure estimates, holding meetings with departments as needed.
- March 2: A Town Council Work Session occurred to discuss the Fiscal Year 2021-22 budget; the business license structure; potentially eliminating personal property tax and the motor vehicle license fee; and community support applications.
- March 16: A Town Council Work Session occurred to discuss the Fiscal Year 2021-22 budget, including continued discussion from the March 2 work session on the business license structure and potentially eliminating personal property tax and the motor vehicle license fee (if needed). Additionally, Council will discuss community support applications; revenue projects; rates and fees; new position requests; capital projects; capital equipment; merit pool and cost-of-living adjustment; insurance outlook; and park financing.
- March 23: The Finance Director presented the draft budget at a regularly scheduled meeting of Christiansburg Town Council.
- May 25: Town Council holds public hearing on Fiscal Year 2021-2022 budget.
- June 22: Town Council votes to approve Fiscal Year 2021-2022 budget.
FY 2020-2021 Budget
FY 2020-2021 Budget (PDF)
Christiansburg Town Council approved a budget amendment at its Nov. 10, 2020 meeting. The amendment is primarily to recognize the award of several additional grants, changes in capital projects carryover funds, and the addition of funds to several capital projects, including the construction of a multipurpose park on Peppers Ferry Road and the issuance of debt for the construction of same.
Just want the highlights?
Check out our budget summary here (PDF). Print copies of this document are available at Town Hall, 100 E. Main Street.