►
Description
Matt Harris, Deputy County Administrator for Finance and Administration and Director of Budget and Management, Gerard Durkin presented a FY2024 Revenue update to the Board of Supervisors.
A
B
Good
afternoon
Mr
chair
members
of
the
board
today
officially
kind
of
kicks
off
our
fiscal
24
budget
process,
and
you
know
we
have
stressed
two
over
the
last
couple
months
that
you
know
process
is
really
kind
of
our
key
word
as
we
kick
off.
You
know
this
season
and
try
not
to
just
trust
the
process,
as
opposed
to
you
know,
riding
the
highs
and
lows
of
of
the
media
reporting
that
that
goes
along
with
it.
B
So
today
really
kicks
formally
off
that
process
and
I'm
gonna
walk
you
through
this
three
chapters
of
the
story.
The
first
one
is
sort
of
the
national
conditions
that
shape
what
we
do
in
terms
of
the
budget,
Mr
durkin's
going
to
come
up
and
talk
about
so
the
local
conditions
that
mirror
those
and
give
you
an
update
on
those
because
I
think
it's
it's,
albeit
a
little
bit
painful.
B
It's
vitally
important,
I
think
that
everyone
understand
that
our
forecast
for
a
revenue
perspective
is
rooted
in
something,
that's,
you
know
very
real
and
we
want
to
be
very
transparent
in
that,
so
we'll
we
will
get
you
through
that,
as
as
quickly
and
painlessly
as
we
can.
The
third
chapter
is
really
what
that
results
into
in
terms
of
a
revenue
forecast
for
the
upcoming
budget,
and
so
today
we
lay
that
out.
B
It
is
not
a
final
final
number
I
think
as
our
our
school
peers
are
learning,
the
state
is
having
a
real
tough
time
in
recent
years,
producing
a
budget
in
a
time
frame
that's
meaningful
to
anyone.
That
does
seems
to
be
the
case
once
again
this
year,
fortunately,
for
us
on
the
county
side
as
you'll
see
at
the
tail
limited
presentation.
State
revenues
are
a
very
small
part
of
what
we
do
and
when
they
say
say
that
there's
Revenue
that's
going
to
materialize.
B
We
typically
you
know,
will
sort
of
a
trust
but
verify
approach,
and
we
might
put
that
in
I.
Think
if
you
look
at
our
last
few
set
of
budget
amendments
later
in
April,
we
might
come
back
with
a
little
bit
of
state
revenue
for
the
few
lines
where
it
affects
us,
but
you're
not
going
to
see
that
in
here
today,
so
we're,
basically
just
holding
that
part
of
it.
B
You
know
even
to
what
we've
got
in
in
the
current
year.
Today's
you're
not
going
to
see
any
expenditure
items
not
going
to
see
what
these
revenues
are
going
to
support
again
from
a
process
perspective.
That's
where
we
come
back
in
two
weeks
from
today
up
in
the
room,
502
we'll
be
having
sort
of
a
an
old
school.
If
you
will
budget
tabletop
work
session
to
go
through
all
the
pieces
and
parts
from
the
expense
side,
but
it
will
be
tied
to
these
Revenue
numbers
that
are
in
here
today.
B
My
chapter,
the
first
part
of
this,
really
isn't
about
what
is
going
to
be
in
the
budget,
but
how
we're
going
to
build
it.
I
think
these
graphs
at
the
beginning
part
are
very
instructive
in
sort
of
the
mindset,
the
approach,
the
philosophy,
that's
being
employed
to
lay
out
this
plan
with
that
being
said,
I'm
gonna
run
through
it
again.
This
is
starting
at
the
national
level
and
then
we'll
drill
down
from
there
a
mixed
bag.
B
That's
kind
of
our
our
favorite
phrase
for
this
season
and
really
kind
of
very
descriptive
of
what's
going
on.
The
numbers
here
on
all
of
these
slides
are
somewhat
less
important
than
the
shape
of
these
graphs,
and
they
are
really
want
to
draw
your
attention
to
I
think
what
really
jumps
out
at
me
as
we
look
at
the
data
is
the
level
of
extreme
swings
that
we've
seen
the
last
few
years.
I
mean
these
are
all
time
series
that
go
back.
B
Sometimes
you
know
20
plus
years,
and
you
really
get
a
sense
of
how
much
the
economy
and
all
of
these
indicators
that
we
look
at
have
moved.
You
know
just
in
historic
ways
that
presents
a
very
challenging
environment
to
build
a
financial
plan
for
you
all,
particularly
when
we
do
it
in
a
five-year
window.
So
we
are
trying
to
navigate
all
of
this
data.
We
know
things
are
coming
back.
B
We
know
things
are
normalizing
and
you'll
see
that
in
many
many
of
the
series
here
today,
what
we
don't
know
is
ultimately
where
they're
going
to
settle
or
when
they
might
settle.
So
it's
coming
back
to
Earth
we're
kind
of
moving
off
of
these
covid
supply
chain.
You
know
real,
you
know
heavy
wild
swings,
but
this
is
far
from
a
story
with
an
ending,
so
I
think.
B
As
you
see,
particularly
on
March
8th
when
we
come
back
trying
to
lay
out
an
expenditure
path
that
has
flexibility
that
gives
you
all
options
is
a
Nimble
plan
that
we
can.
You
know,
move
on
a
dime
if
these
conditions
has
continued
to
to
act
in
this
way.
So
that
being
said,
first
chart
period
labor
market
again
you
see
just
the
wild
swings
I'm
not
going
to
go
through
the
numbers
and
this
payroll
employment.
B
On
the
left
side,
you
see
the
dramatic
drop
off
there,
20
million
plus
or
modest
folks
fall
out
of
the
the
employed
status
during
covid.
You
can
see.
They've
picked.
All
of
that
back
up
where
we
stand
today
and
you
see
unemployment
rate
at
a
very,
very
low
level.
That's
one
of
the
major
factors
that's
contributing
to
this
chart
here.
The
cost,
obviously
in
the
supply
of
labor,
is
very
low.
B
The
cost
is
going
to
go
up
if
you
add
that
to
unprecedented
levels
of
inflation,
the
the
cost
of
our
number
one
input
as
a
business
as
an
organization,
schools,
County
doesn't
matter-
is
you
know
human
capital
and
the
cost
of
that
input?
Is
that
really
an
all-time
high,
so
you're
looking
at
year-over-year
change,
so
five
percent
increase?
B
Amid
all
of
this,
you
know
somewhat
chaotic
economic
data
is,
is
a
bit
of
a
challenge:
inflation,
a
good
example.
You
see
just
the
huge
Spike
there,
it's
still
elevated,
but
it's
coming
back
down,
so
people
say
well
inflation's
going
down.
Well,
the
rate
of
increase
is
slowing,
but
employment.
Excuse
me,
inflation
is
still
cons.
You
know
very
high
given
where
it's
been
over
the
last
few
years
and
certainly
where
the
FED
likes
to
see
it,
and
you
see
the
individual
components
are
there
on
the
on
the
right
hand
side.
B
So,
while
it
is
receding,
it's
the
growth
rate
is
slowing.
It's
still
something
that
collectively
we've
got
to
be
attentive
to.
We've
got
to
make
sure
that
all
of
our
capital
projects
and
all
of
our
even
some
of
our
operating
lines
have
contingencies
built
in
to
deal
with.
You
know
what
is
still
a
very
unknown
inflationary
environment.
B
This
is
a
good
one
too.
This
is
looking
at
national
retail
sales
and
the
Carolina
blue
line.
There
shows
a
year-over-year
change
of
6.4
percent,
so
you'd
look
at
that.
You
might
pick
up
a
newspaper
and
say:
oh
well,
you
know
people
are
still
spending
if
you
take
the
inflation
piece
out
of
it.
You
know
it's
basically
zero,
so
where
people
are
having
to
spend
more,
the
receipts
are
higher,
but
they
really
aren't
getting
anything
more
for
their
dollar.
B
Given
that
production
we're
actually
seeing
a
production
output
starting
to
pull
back.
So
that's
you
know,
basically,
how
much
stuff
is
the
nation
producing
with
you
know
real
retail
sales,
basically
flat
you're,
seeing
firms
starting
to
to
hedge
on
the
production
side,
and
you
see
producer
price
index,
that's
the
cost
of
basically
the
raw
Goods
that
go
into
the
production
process
still
very,
very
high.
B
This
doesn't
get
as
much
attention
as
the
Consumer
Price
Index,
that's
the
one
we
all
see
when
we
try
to,
you
know,
buy
some
eggs
or
whatever
the
case
might
be,
but
this
is
what
the
the
business
sees
on
their
side
and
still
considerably
elevated
from
where
it's
been
historically
housing
same
shape.
All
of
these
graphs,
it
doesn't
matter
what
is
being
plotted.
The
shape
is,
is
almost
identical.
You
see
home
prices,
you
see
the
large
run
up.
7.7
percent
the
national
year
of
year
change
for
November.
B
B
That
rate
of
growth
is,
is
falling
off
pretty
pretty
rapidly
and
then
housing
starts
nationally,
not
necessarily
you
know
locally
or
regionally,
but
you've
actually
seen
them
fall
into
negative
territory
from
a
year-over-year
perspective,
so
kind
of
like
on
the
production
side
for
industrial
folks,
the
housing
side
has
seen
a
A
pullback
in
the
actual
number
of
starts
that
are
being
put
on
the
ground
car
values.
Again,
a
broken
record
at
this
point
same
shape
in
this
graph.
You
see
the
massive
run-ups
that
you
all
had
to
face
down.
B
Last
year,
30
million
dollars
of
car
tax
relief,
Mr
Durkin,
will
talk
about
how
we
plan
to
navigate
that
a
little
bit
this
year
we
did
set
aside
10
million
dollars.
You
know
the
good
news
is
from
a
as
we
predicted
last
year.
In
most
industry,
sources
did
as
well.
Car
values
themselves
have
come
back
down
considerably.
We
are
working
through
with
the
commissioner's
office
to
get
that
final
role
for
us
for
tax
year
2023
again,
this
is
one
of
those
Oddities
where
we
are
still
haven't
billed
for
this
in
this
budget.
B
Yet
we're
from
today's
perspective,
we're
really
talking
about
what
happens
a
year
from
now.
So
again
that
adds
just
another
layer
of
unknown,
but
from
those
incredible
peaks
of
last
year.
We
do
not
see
those
values
again,
you
know
here
locally.
We
use
a
national
set
of
data
that
would
correlate
to
this
very
closely,
so
those
bills
are
naturally
going
to
come
down
and
follow
that
path.
B
What
we're
seeing
from
a
consumer
perspective?
We,
you
know
I
think
we
all
know
folks
had
saved
up
some
money
during
covid
they've
used
up
some
of
that
savings.
This
is
you
know,
a
national
narrative
again,
not
a
Chesterfield
sign,
but
you
see
the
delinquencies
on
some
of
these
series,
particularly
credit
cards
and
some
other
things
starting
to
tick
up.
Savings
is
burned
out.
B
C
D
A
B
B
You
know
you
don't
want
to
come
out
of
the
gate
and
certainly
do
that
right
now.
You
know:
we've
got
those
positions
if
we
need
to
tap
them.
If
things
really,
you
know,
take
a
a
wrong
direction,
but
I
think
you're
going
to
see
again
that
the
way
that
we
lay
out
the
expenditure
path,
sort
of
building
on
our
five-year
framework
and
the
way
that
this
organization
has
always
conducted
itself
will
provide
us
a
lot
of
that
that
hedge,
that
you
are
reference.
B
We
do
we
met.
You
know
with
the
folks
that
manage
our
SRP
plan
just
last
week,
they're
expecting
two
more
increases,
at
least
through
the
balance
of
this
fiscal
year.
So
again,
that's
also
a
double-edged
sword.
You
know
our
interest.
Earnings
are
doing
quite
well
Sloan
Acres
having
some
success
there,
but
it
draws
up
the
cost
of
everything
else
that
we're
involved
in.
So
we
are
anticipating
some
more
ticks
there.
It's
really
the
employment
side
you
know
is
continues
to
be
something
that
the
FED
is
weird
as
it
may
sound.
B
E
B
Know
so
that's
that's
going
to
be.
Some
of
you
know
Mr
Holland,
as
is
the
case
anytime.
You
see
something
super
weird
on
a
chart.
The
federal
government
has
has
had
their
say
in
it,
so
that
that
would
be
where
they
held
off
the
the
student
loan
payments
and
other
things
during
covet.
You
know
cast.
This
is
the
equivalency
of
Cash
for
Clunkers.
You
know
several
years
ago.
So
that's
what
that's
what
you're
looking
at
there.
E
Yeah
I
thought
so
I
just
wanted
to
be
sure
what
that
tight
decline.
You're
right
and
I
agree
with
your
sentiments
in
terms
of
balance
and
reserves
and
what
we
need
to
do
and
being
somewhat
cautious
as
we
move
forward
with
our
revenue
and
costs
as
well,
especially
costs
be
really
cost
conscious
and
where,
where
things
are
so
I
applaud.
That
definitely
thank
you.
Yes,.
F
B
E
F
F
D
And
Mr
chairman,
just
just
so
people
know
it's
great
comment,
Dr
Casey,
because
so
what
I
think
are
one
of
49
triple
triple
A
counties
or
jurisdictions
in
the
whole
United
States
now
the
county,
the
number
of
counties,
if
you
count
them
all
up,
another
jurisdictions,
is
something
like
3
200
across
the
country,
so
we're
one
of
the
49
who
can
borrow
at
those
best
rates
and
I
do
think.
That's
that
does
set
us
set
us
apart
in
terms
of
how
we
approach
some
of
these
expenditures
coming
up.
E
Actually,
we
have
three
thousand
six
and
nine
counties
and
we're
the
top
Echelon
of
all
those
counties
throughout
the
nation.
So
this
is
something
to
be
very
proud
of,
and
I
saw
that
years
ago,
when
we
borrowed
a
lot
of
money
at
the
state
level
that
it
made
the
difference
having
that
AAA,
especially
when
you're
building
schools
and
for
our
stations
and
other
type
buildings
in
the
county.
So
excellent
point.
Thank
you
very
much.
Mr
Windsor
I
concur.
G
Mr
Durkin
good
afternoon,
Mr
chair
members
of
the
board,
Dr
Casey
I'm,
just
following
on
for
Mr
Harris
kind
of
pivoting
to
the
kind
of
Local
Economic
conditions.
We're
seeking
something
very
similar
happen
at
the
local
level
and
the
first
chart
that
you
will
see
is
the
labor
market
is
directly
correlating
to
what's
happening
on
National
level.
G
G
The
number
of
sales,
unsurprisingly
have
went
down
days
on
Market
as
a
result
have
went
up,
but
the
most
interesting
part
is
the
average
sales
price
has
continued
to
increase
and
you
can
see
the
single
family
building
permits
issued
and,
following
that
National
Trend
they
have
kind
of
ticked
down
since
the
height
of
the
pandemic.
That
again
doesn't
mean
you
know.
When
you
look
at
these
charts
and
the
continual
signals
going
down,
that
doesn't
mean
we're
going
to
Rolling
back.
It's
just
things
are
just
slowing
down
compared
to
where
they
were
holiday.
G
Sales
is
something
we
track
very
very
closely.
You
can
see
if
you
could
have
focus
on
the
bottom
right
hand
of
that
chart.
This
really
in
in
a
nutshell,
tells
a
kind
of
mixed
bag
that
we've
been
starting
to
talk
about.
Recently,
you
saw
the
decline
in
the
sales
in
October
by
about
minus
1.9
percent.
We
just
got
the
latest
sales
data
for
the
holiday
season
in
the
last
week
is
up
five
percent,
but,
as
you
can
see
over
the
last
couple
of
years
is
down
errand
at
pre-pandemic
average.
G
But
again,
this
is
where
the
kind
of
difficulty
navigating
where
the
revenues
are
going
to
go
really
becomes
apparent.
When
you
have
those
swings
up
and
down
it's
trying
to
kind
of
navigate
through
there
to
see
what's
happening
and
it
will
become
clearer
as
the
next
few
months
occur,
but
right
now
our
sales
forecaster,
which
I'll
talk
about
later
on.
H
F
So
Gerard
I
think
if
you
go
back
to
that
chart
too
just
when
you
see
something
that's
going
down
as
you
see
about
three
months
or
so
ago,
but
I
always
look
since
it's
year
over
year,
you
go
back
to
the
prior
year
and
you
see
the
high
Spike
I
think
it
says
19
in
the
prior
October,
so
the
base
itself
is
still
higher
than
it
once
was,
even
though
it
went
down
negative,
it's
just
as
Mr
Durkin
referred
to.
You
do
have
the
Ebbs
and
flows.
F
G
Moving
back
to
personal
property,
I'm
kind
of
stepping
back
to
2023,
because
this
is
one
of
the
direct
impact-
is
going
to
come
right
now.
As
Mr
Harris
pointed
out,
the
values
are
beginning
to
normalize.
We
are
working
with
the
commissioner
of
Revenue
and
finalizing
those
they
are
coming
down
considerably
as
expected.
G
But
right
now
we
are
not
recommending
any
change
in
the
personal
property
tax
rate.
We
are
looking
to
finalize
the
tax
relief
amount
over
the
next
couple
of
weeks
and
then
also
looking
to
see
if
we
can
provide
additional
relief,
as
you
all
directed
us
last
December,
without
personal
property
reserve
of
10
million
dollars
from
our
fiscal
year,
22
allocation,
so
kind
of
jumping
on
the
tourism
improvement
district
update
that
you
just
got.
We
are
still
performing
very
well
on
the
tourism
front
and
we
are
actually
the
one
with
the
locality.
G
If
you
look
on
the
chart
whose
occupancy
levels
have
actually
came
back
to
where
they
were
pre-pandemic,
it's
six
to
eight
percent.
We
are
seeing
that
reflected
in
our
transient
occupancy
tax
results
and
one
of
the
things
that
is
going
to
change
this
year
is.
We
are
moving
the
lodging
tax
receipts
out
of
the
general
fund
into
their
own
tourism
fund.
G
In
the
year
real
estate,
you
heard
from
Mr
Bloomfield
last
month,
the
revaluation
has
been
up
just
over
8.8.
Those
are
done
on
a
calendar
year.
We,
whereas
we're
working
on
a
fiscal
year.
So
in
essence
we
know,
given
the
data
from
him,
where
the
first
six
months
will
land
collection,
wise
and
then
we
have
to
forecast
the
next
six
months
trickier,
given
the
circumstances
that
we're
in,
but
we
have
half
of
that
year
of
knowledge
and
then
look
at
prior
year.
G
Trends
with
the
market
is
going
to
look
at
the
next
six
months
and
then
on
personal
property.
You
know
we're
looking
at
what
we
can
do
in
this
fiscal
year
in
fiscal
year
23,
but
the
24
budget
obviously
is
looking
to
forecast
for
a
billing
cycle
is
well
over
12
months
away.
So
with
this
kind
of
absentful
and
the
personal
property
value
market,
it's
just
something
that
we
have
to
factor
in
and
take
a
conservative
approach
and
help
you
budget
that
which
is
Hope
I've,
always
done
it
longer
term
and
general
fund
revenues.
G
We
went
back
to
2009
I'm
surprisingly,
there's
been
growth
there,
as
the
population
in
the
county
has
been
increasing
for
fiscal
year
24.
We
are
projecting
an
increase
in
our
revenues
of
4.6,
that's
slightly
higher
than
the
long
run
average.
But
given
the
in
fact
that
we've
had
of
federal
and
state
support
in
the
last
two
years
is
actually
down
compared
to
where
we
were
for
fiscal
year
20
through
23,
where
the
revenue
growth
was
well
in
excess
of
five
percent.
G
G
This
chart
the
gold
bar
that
you
see
going
across
looked
at
the
1994
per
capita
spending
level.
If
you
look
at
what
we
have
proposed
for
fiscal
year,
24,
the
per
capita
inflation
adjusted
spend
is
a
little
over
twenty
one
hundred
dollars
well
below
that
1994
level.
So,
in
short,
we
are
very
strategic
and
conservative
in
how
we
do
our
allocations
and
over
the
years
in
terms
of
real
growth
increases,
we've
actually
been
able
to
keep
spending
a
lower
than
historical
level
really
quickly.
G
G
Last
month,
the
rate
is
going
down
from
92
cents
to
91
cents
to
reflect
those
kind
of
current
elevations
in
the
market
compared
to
historical
averages,
and
then,
when
we
look
at
the
rate
and
all
of
the
expenses
and
revenues
in
general,
we
look
at
you
know
what
is
our
population
growth
year
over
year
when
we're
building
these
budgets
as
we
move
into
24
and
A
Five-Year
Plan
as
well
as?
What's
the
inflation
essentially
was
the
cost
of
doing
business
and
with
the
rate
recommendation,
the
one
cent
cut
that
you've
all
enacted.
G
We've
brought
that
kind
of
growth
back
in
line
with
where
we're
seeing
with
inflation
and
population
growth,
the
revenue
and
expense
that
you'll
see
for
24
is
not
higher,
necessarily
by
greater
amount
than
what
you're
seeing
on
that
chart.
There
we're
looking
about
a
7.8,
effective
rate
of
revaluation
thanks
to
that
one
cent,
tax
reduction
again
I'm
going
from
92
cents
to
91.
G
I,
will
not
steal
the
Sunder
from
Mr
Hayes,
but
he
will
be
up
here
giving
his
presentation
about
the
water
and
wastewater
utility
rates,
which
will
still
be
the
most
in
the
region
and
then
just
kind
of
a
block
overview
summary
of
the
revenues
you
can
see
by
far
the
largest
component
of
that
is
real
estate
taxis.
If
you
take
a
real
estate,
taxis,
personal
property
and
local
sales
tax.
Those
three
really
are
kind
of
like
the
Workhorse
of
the
general
fund.
G
They
account
for
about
three
quarters
of
the
general
fund
summary
in
total
that
state
federal
number.
As
Mr
Harris
said,
we
do
not
Bank
on
any
assumptions
that
may
come
out
both
from
the
federal
and
or
state
government.
We'll
wait
to
see
what
actions
they
will
take.
Those
amounts
over
the
last
few
years
have
remained
relatively
stable
and
it's
certainly
not
something
that
we
rely
on.
Is
we
build
this
budget
year
over
year,
so
kind
of
like
in
a
tabular
form?
The
net
growth?
G
Is
about
4.6
that
translates
to
about
41
and
a
half
million
dollars
in
growth.
You
can
see
from
the
real
estate.
Taxis
are
by
far
the
large
exponent
of
that
growth
is
39.8
and
with
personal
property
going
up
as
well
as
reference
with
long
Nature's
investment
strategies
paying
off.
We
are
seeing
increases
in
what
we
have
budgeted
for.
Our
investment
income
draw
your
attention
down
to
the
last
two
lines.
There
charges
for
services
that
is
going
down
directly
as
a
result
of
us
not
renewing
the
cvwme
contract.
G
We
usually
have
that
in
as
a
revenue
and
expense
that
is
now
going
out
fiscal
year,
24
and
Beyond,
and
then
we
have
a
reduction
in
our
use
of
reserves
and
we
strategically
use
those
for
one-time
Investments
both
for
us
and
any
transfers
to
the
schools
that
is
projected
to
go
down
by
about
3.6
million
dollars.
So
all
in
all
a
growth
of
about
41
and
a
half
million
you
can
see,
as
we
were,
building
this
budget
essentially
99
over
99
of
the
revenues
already
spoken
for
before
we
come
with
the
proposed
budget.
G
You
can
see
some
of
the
items
will
go
further
in
on
March,
8th
in
terms
of
compensation
transfers
to
schools,
obligations
that
we
have
to
take
on
contracts.
Grant
funding
running
out
that
we
need
to
take
on
through
the
general
fund
by
an
Essence
over
99
of
the
revenues
are
spoken
for
before
we
come
before
you
for
the
proposed
budget.
This
is
under.
One
percent
remains
for
allocation
for
any
additional
funding
requests
or
anything
else
that
the
board
may
desire.
G
Then.
Finally,
just
a
kind
of
quick
calendar
update
for
what's
coming,
the
schools
have
to
submit
their
budget
to
Dr
Casey
by
March
1st.
We
are
awaiting
any
finalized
actions
from
them
formally
I
believe
that
will
be
tomorrow
as
well
as
waiting
on
the
general
assembly.
We
will
have
the
proposed
budget
and
tip
work
sessions
on
March,
8th
on
March
9th.
We
start
the
community
meetings
throughout
the
community
as
well
as
virtually,
and
then
we
have
the
public
hearing
on
March
22nd,
with
budget
adoption
on
April
5th.
D
D
D
I
mean
this
is
a
big
question
mark
that
we
don't
have
an
answer
to
and
I
know
that
the
members
of
the
public
as
we
start,
our
Community
budget
meetings,
are
going
to
want
to
know
where
we
are
but
I
mean.
This
is
a
big
question
mark
here
and,
and
so
I
just
think
it's
it's
good
for
people
to
know
that
that
we
are,
you
know
we're
going
to
do
everything
we
can
do,
but
this
is
a.
D
This
is
an
unknown
that
we
need
to
put
an
input
in
as
soon
as
possible.
So
I
guess
and
I
know:
Natalie's
done
a
great
job
down
at
Richmond
to
try
to
shake
all
this
loose
for
us
and
I
just
want
to
express
my
appreciation
to
her
for
this
entire
session.
She's
done
a
good
job,
keeping
the
board
updated,
but
I
guess
we're
in
for
a
ride.
So
we
better
strap
in.
F
F
Hence
that's
why
we
try
and
position
you
as
a
board
to
make
an
informed
decision
in
early
April
so
provides
a
treasure
time
to
print
all
the
bills,
with
the
tax
rate
that
you
adopt
as
part
of
this
budget
process
so
that
they
can
be
in
the
mail
timely.
So
you
know
we
in
years
past
have
had
to
put
those
bills
in
the
mail
without
actually
knowing
what
the
state
is
going
to
be
giving
us.
So
that's
that's
why
we
air
in
being
conservative
and
having
lower
forecasts
from
the
state.
F
Unfortunately,
the
schools
bear
the
brunt
of
that
lower
forecasting
tool
because,
as
you
saw
on
the
chart
before
you
on
the
county
side,
while
we
rely
upon
the
state
primarily
for
our
constitutional
officer,
Compensation
Board
funding
schools
heavily
rely
upon
the
state
for
many
programs.
Many
mandates.
If
you
will,
some
of
which
may
or
may
not
necessarily
be
funded
to
soq
standards,
so
that
that's
our
challenge,
we
have.
H
Mr
chair,
a
couple
of
questions
is
just
kind
of
we
may
be
in
a
situation
of
kind
of,
like
a
double
whammy,
so
I'm
curious
to
know
your
point
because,
as
far
as
not
just
on
the
state
level,
but
we're
also
dealing
with
the
federal
level
and
I'm
curious
to
know
when
the
federal
level,
how
that
may
impact
the
state
how
that
may
impact
us,
that's
my
first
question
and
then
connected
with
that.
Isn't
it
true
that
the
state
actually
already
has
a
budget
and
they
could
decide?
F
So,
if
I
could,
since
I've,
been
doing
this
since
1990,
it
feels
like
this,
the
federal
budget,
which
is
a
fiscal
year
of
October
1st
to
December
30th
they've,
almost
been
in.
It
feels
like
a
continuing
budget
resolution
since
about
1776.
But
having
said
that,
it's
been
a
long
time
since
the
federal
government's
position
as
well.
We
are
not
necessarily
as
Reliant
and
I'm.
We
appreciate
it,
but
a
lot
of
the
grants.
F
Sometimes
the
things
you
see
that
are
amending
budgets
during
the
year
are
because
of
federal
grants
that
are
being
garnered
by
us
or
being
renewed
by
us.
So
we've
really
even
hedge
lower
on
estimates
from
the
federal
government
unless
it's
a
a
an
eligibility
program
of
social
services
or
mental
health
Medicaid,
something
that's
really
in
stone
as
far
as
eligibility
criteria.
But
as
far
as
the
discretionary
Federal
revenues
we
generally
have
come
before
you
with
those
as
individual
items,
but
I'll.
Let
Mr
Durkin.
Add
to
that.
If
need
be,.
H
G
But
as
again,
we
don't
Bank,
we
we
Factor
what
we
know
already,
but
we
don't
factor
in
what
may
be
proposed
to
come
back
to
Dr.
Casey's
point
is
that
we
never
want
to
come
back
to
you
having
to
revise
something
down.
If
anything,
there's
always
going
to
be
an
upside
when
the
state
finally
does
pass
its
budget
in.
F
The
states
creative
in
its
budgetary
practices
again,
if
I'm,
the
parent
to
the
child,
the
parent
always
wins
at
the
end
of
the
day
to
us
and
and
I
think
it's
probably
been
about
25
years
or
so
since
the
state
one
year
in
June,
said
we
are
not
going
to
reimburse
you
for
your
Social
Service
expenses
in
June.
We
will
wait
one
more
month
and
in
order
to
come
back
in
the
way
the
state
frames
the
cash
flow
budget.
F
It
would
have
to
budget
14
months
in
the
social
services
programs
to
get
back
into
a
recurring
cycle.
So
we
never
got
that
month
back.
If
you
will
we
book
receivables
and
we
do
accrual
accounting.
So
we
know
it
is
owed
to
us,
but
the
check
itself
back
in
those
days
that
was
an
awkward
month
when
the
local
governments
had
to
write
eligibility
checks
to
Social
Service
clients
on
the
hope
and
prayer
that
the
state
would
come
back
30
days
later,
with
the
rear.
Reversement
of
that
check.
C
I
I
We
were
last
year
and,
quite
frankly,
I
think
we
all
need
to
work
together
to
change
our
fiscal
year
by
doing
a
six-month
budget
in
one
year,
but
that
would
so
that
we
can
figure
out
what
the
state's
going
to
do
and
we
can
properly
fund
and
properly
budget
for
on
both
sides
for
schools
and
for
the
county,
barring
the
state
making
a
change
in
the
way
they
do.
Business,
though
we're
continued
to
be
required
by
the
state
put
in
a
budget
in
schools
as
well.
I
E
Oh
Mr
chairman
thank
you,
yeah
Mr,
Engel,
you're,
absolutely
right
and
I've
seen
it
as
Dr
K
says.
Well,
I
knew
we
had
to
help
hire
teachers
years
ago
when
they
couldn't
come
up
with
a
budget
until
July
in
the
state
doing
McCullough's
Administration.
We
were
looking
at
how
to
do
so
to
issue
contracts
but
you're,
absolutely
right
and
and
that's
something
I
think
we
can
hopefully
improve
on
and
encourage
our
delegation
to
work
with
the
the
governor
and
others
to
get
their
budget
in
maybe
earlier
than
normal.
So
we
could
encourage
that.
E
Maybe
a
donuts
and
coffee
might
help
as
well.
We
have
them
out
for
a
breakfast
meeting
or
two,
but
one
thing:
I
want
to
point
out
in
the
priority
slide,
which
I
thought
was
very
significant
in
building
the
2024
budget
slide
it
I
noticed
we
had
a
education
minimum
increase
and
to
recurring
transfers
to
schools
of
17
million
dollars.
So
we
continue
to
increase
and
when
I
hear
from
citizens,
they
often
tell
us,
hey.
Education
is
so
important
to
us.
It's
so
important
to
our
children.
Our
families
and
I
tell
them,
and
we
are
committed.
E
This
bullet
has
been
committed
to
funding
education,
as
you
can
see
with
that
second
line
item
along
with
Public
Safety,
which
is
also
critically
important
to
the
citizens
here
in
Chesterfield
County.
So
thank
you
for
the
outstanding
work
and
presentation
and
another
thing
you
have
on
that
would
not
prominent,
but
you
always
have
to
account
for
Debt
Service
as
well.
You
have
to
account
for
Debt
Service,
which
is
a
one
that
you
can't
spend.
That's
one
you
have
to
take
outside
and
show
hey.
We
owe
this
debt
we'll
commit
to
it
and
I
know.
E
C
C
C
The
teachers
pay,
the
Personnel,
the
salaries,
the
expenses
and
so
I
think
was
a
year
ago
or
two
years
ago
we
actually
increased
that
in
one
one
year
by
18,
man
I
think
was
the
number
and
also
I
think
in
the
last
three
years.
We
also
gave
them
about
70
million
for
Capital
Improvement
stuff
to
get
caught
up
on
some
of
the
issues
they
had,
such
as
the
HVAC
systems
and
the
security
systems
that
need
to
be
upgraded.
C
D
I
just
I
think
just
to
add
to
that
Mr
chairman
is,
you
know
when
we
received
all
these
federal
dollars
during
covid.
Many
of
those
dollars
went
to
schools
some
in
operations,
but
really
The,
Lion's
Share
into
CIP
and
I
know.
You
know
Falling
Creek
middle,
which
is
under
construction.
Right
now,
will
be
a
school
we
can
be
proud
of
in
in
the
Dale
District
received
I.
D
Think
half
of
the
funding
from
from
the
federal
government
we
allocated
so
I
mean
I,
think
you
know
and
I
I
do
think
that
my
comment
was
going
to
be
I.
Do
think
we
do
need
to
chart
out
for
folks
just
a
review
of
Where
we've
been
over
the
last
three
years
because
covid,
you
know,
has
created
a
Time
Warp
for
a
lot
of
people
and
and
so,
but
let's
give
them
an
idea
of
where
we've
been
the
last
three
years
in
a
slide.
D
I
think
is
very
important
in
terms
of
school,
School
expenditures
and
spending
and
and
where
those
dollars
have
gone
to,
because
we
can
talk
about
well.
This
percentage
went
to
schools
last
year
and
that
percentage
didn't.
But
what
did
we
do
with
year-end
monies?
What
did
we
do
with
Federal
monies?
What
do
we
do
with
Grant
monies?
I
mean
I,
don't
know
about
you
all,
but
I
feel
like
every
third
or
fourth
meeting
we
have.
D
We
on
this
board
are
adopting
some
measure
to
provide
additional
resources
to
our
school
system,
and
if
it's
not
one
thing,
it's
the
other,
we
what
two
meetings
ago,
I
think
it
was
another
18
million
dollars
or
so
to
to
do.
Those
atriums
like
like
the
chairman,
suggested
so
to
me:
we've
been
responsive
to
requests
from
the
school
division,
not
just
once
a
year,
but
throughout
the
year,
every
year,
and-
and
so
anyway,
just
just
want
to
throw
that
out.
There.
I
I
F
Dr
Casey,
so
two
things
one
thank
you
Mr
Winslow,
because
I
don't
think
we
do
a
good
enough
job
on
both
sides
of
disclosing
all
the
year-round
activities
of
transfers
in
transfers,
outs,
amendments
use
of
year
and
surplus
strategies
we
work
collectively
on
and
buying
down
expenses
and
and
with
or
or
funding
through
revenues.
The
second
thing
you
know,
I
I,
think
this
also
shows
the
importance
of
our
Five-Year
Plan.
F
We
may
not
give
it
as
much
attention
because
we're
focused
on
the
first
year
of
the
plan,
rightfully
so
legally
so,
but
I
do
think
some
orientation
to
to
all
include
the
public.
What
is
The
Five-Year
Plan?
What
are
the
reasonable
assumptions?
Because,
regardless
of
what
the
assessment
growth
is,
that
is
not
what
budgets
necessarily
grow
by
I
think
the
chart
that
we
had
up
there,
that
we
try
and
be
mindful
to
as
we
balance
the
budget
balance,
our
rates,
relief
and
so
forth.
F
Is
that
inflation
and
and
the
growth
of
people
are
simple
demand
factors
upon
our
expenses
and
and
I
think
the
more
we
can
illustrate
that
as
far
as
what
we're
balancing
to
and
appropriating
to
and
and
but
also
hearing
where
the
needs
are
and
and
again
the
bond
The
Five-Year
Plan
of
the
CIP
in
essence,
is
the
bond
referendum.
The
Five-Year
financial
plan
of
the
county
as
far
as
non-discretionary
sources
is
going
to
be
the
debt
service
to
fund
that
CIP
and
I.
Think
again,
just
trying
to
illustrate
the
linkage
between
the
two
is
important.
F
So
we
really
understand
what
is
the
discretionary
revenues
before
us
for
what
may
be
the
accumulated
needs
and
initiatives
of
schools,
police
fire
in
25,
other
departments
that
have
requested
needs
that
are
at
least
equal
in
total
on
the
county
side,
it's
what's
above
the
revenue
sources
in
out
of
respect
and
similarity
to
the
school
side.
So
we're
going
to
be
going
through
that
exercise.
I
do
want
to
take
a
moment
of
personal
privilege
and
again
many
people
know
I'm
honoring
a
pledge
to
my
mother
to
take
her
to
Israel
while
she's
alive.
F
It
would
be
a
different
pledge
and
when
she
passes
possibly,
but
having
said
that
she's
of
mind
body
and
soul
and
the
tour
group
that's
best
suited
for
her,
is
going
to
be
leaving.
You
know
in
early
March,
so
I'm
going
to
miss
my
first
board
meeting
since
I
joined
1990
in
Hanover
County
and
my
first
one
here
in
Chesterfield,
I
love
the
budget
process.
Don't
miss
the
budget
process.
F
I
know
it's
quote:
unquote
the
proposed
County
administrator's
budget,
but
I
also
like
to
think
it's
a
collective
wisdom
and
Collective
input
and
feedback
of
not
just
the
five
of
you
before
me,
but
many
people
in
parts
of
Citizens,
Business
groups
and
so
forth
and
balancing
a
budget.
So
you
know
in
essence
I've
written.
If
you
will
the
precursor
to
the
budget
as
part
of
the
process,
and
as
many
of
you
have
alluded
to
this
is
a
process.
March
8th
is
not
the
end
of
the
budget.
F
March
8th
is
just
simply
the
disclosure
of
what
is
a
balanced
manner
to
get
things
done
in
Chesterfield.
That
is
very
suitable
for
public
discussion.
Community
conversations
that
you
all
will
be
having,
in
the
month
of
March,
subject
to
public
hearings,
subject
to
an
April
board
meeting
and
and
again
I
like
to
think
that
the
relationships
between
in
the
county
in
school,
all
five
of
you
to
your
five
peers,
chair,
Vice,
chair
to
your
peers,
myself
to
the
superintendent
and
Senior
staff,
we'll
get
this
done.
F
We
always
have
gotten
it
done,
but
again
the
process
can
be
confusing
to
somebody
who's,
not
living
within
it,
and
it
can
be.
You
know
you
know
Discerning
if
you
will,
if
you
feel
like
you're
riding
the
Ebbs
and
flows
of
what
media
tries
to
do
and
traditionally
does,
is
try
and
push
schools
and
counties
apart
in
the
state
of
Virginia
and
and
we're
not
going
to.
Let
that
happen.