Budget Development and Documents

FY2025 Budget Development

The County Administrator will present the proposed FY2025 Budget and FY2025-FY2029 Capital Improvement Program during the afternoon work session of the Wednesday, March 13, 2024, Board of Supervisors meeting.

FY2025 Budget Community Meetings

Chesterfield will hold a series of in person and virtual community budget town hall meetings to gather community feedback on the proposed budget leading up to the annual budget public hearing held during the evening session of the Wednesday, March 27, 2024, Board of Supervisors meeting. All meetings will be held from 6:30-8 p.m.

Email Blueprint Chesterfield or use our budget feedback form to provide your input anytime on the budget process.

Current Budget - Adopted FY2024 Budget

On April 5, 2023, the Board of Supervisors voted to adopt the FY2024 Budget and FY2024-2028 Capital Improvement Program, with a subsequent amendment on June 28, 2023. The final adopted budget (inclusive of all funds) totals $1.9 billion, an increase of $164.2 million (or 9.3%) over the FY2023 Adopted Budget. Of the total consolidated budget, the adopted General Fund budget totals $951.8 million, an increase of $45.2 million (or 5.0%) compared to the FY2023 Adopted Budget.

FY2024 Adopted Budget Highlights

Highlights of the FY2024 Adopted Budget plan include:

  • One cent reduction to the Real Estate Tax Rate; proposed at $0.91/$100 assessed value
  • Historic $20 million increase to Schools transfer, bringing the total transfer to $383.8 million for FY2024 and providing funding for a 7% raise in teacher salaries
  • Implementation of Phase II of the General Government Pay Plan, and additional enhancements to the Public Safety Pay Plan including a 10% increase to public safety starting salaries
  • Increased tax relief for businesses, home owners, and vehicle owners

FY2024 Adopted Budget Line-Items Details

The FY2024 Line-Item Details dashboard provides a breakdown of budgets for line item for the general fund as well for the grants fund, Mental Health Support Services fund, Airport fund, water and wastewater fund, and other Chesterfield County governmental funds.

Percentages of FY24 Adopted Budget funds are displayed as relative-sized colored sections.

Budget Archives

Annual Budgets