TOWN OF BLACKSBURG
PROPOSED FY 2027 OPERATING BUDGET AND
2027 TAX RATE NOTICE OF PUBLIC HEARING
Blacksburg Town Council will hold a public hearing on Tuesday, April 14, 2026, at 6:30 p.m. in the Roger E. Hedgepeth Chambers of the Blacksburg Municipal Building at 300 South Main Street
on the following:
Ordinance #2113 – An ordinance adopting the budget for the Town of Blacksburg, Virginia for the fiscal year beginning July 1, 2026 and ending June 30, 2027; adopting the real estate tax rate; and
providing for the annual appropriation of funds for the fiscal year.
At the hearing, citizens may provide written and oral comments and ask questions concerning the proposed FY 2027 budget and associated changes. Copies of the proposed budget are available
for public inspection during normal operating hours at the Blacksburg Branch of the Montgomery-Floyd Regional Library and in the Town Clerk’s Office in the Blacksburg Municipal Building on
weekdays from 8:00 a.m. to 5:00 p.m. The proposed FY 2027 budget is also available online at www.blacksburg.gov.
GENERAL FUND
FY 2026 FY 2027
REVENUES
Taxes 29,139,800 31,697,800
Licenses, Fees and Permits 4,370,100 4,409,400
Intergovernmental 6,200,400 6,263,000
Charges for Services 5,060,900 5,688,200
Fines and Forfeitures 185,400 195,400
Interest Income 750,000 1,000,000
Miscellaneous Revenue 730,350 815,800
Other Financing Sources 100,000 100,000
Total Revenues and Transfers 46,536,950 $ 50,169,600 $
EXPENDITURES
Legislative 339,896 366,805
Executive 6,346,863 6,377,584
Legal 486,958 512,195
Finance 2,730,575 2,886,014
Technology 1,461,516 1,671,260
Police 11,331,739 12,572,733
Fire and Rescue 1,863,665 1,181,107
Public Works 7,726,120 8,211,452
Parks and Recreation 4,173,493 4,421,741
Engineering and GIS 1,835,788 2,085,471
Planning and Building 2,073,749 2,153,104
Non-departmental and Transfers 1,152,650 2,207,572
Debt Service 3,343,325 3,361,343
Capital Outlay 8,554,160 9,708,110
Total Expenditures and Transfers 53,420,497 $ 57,716,491 $
Real Estate Tax Rate per $100 of Assessed Valuation: $0.26 $0.26
beginningJuly1,2026andendingJune30,2027;adoptingtherealestatetaxrate;andprovidingfor the
annualappropriationoffundsforthefiscalyear.
At thehearing,citizensmayprovidewrittenandoralcommentsandaskquestionsconcerningtheproposed
FY2027budgetandassociatedchanges.Copiesof theproposedbudgetareavailableforpublicinspection
duringnormaloperatinghoursat theBlacksburgBranchof theMontgomery-FloydRegionalLibraryandin
theTownClerk’sOffice intheBlacksburgMunicipalBuildingweekdays from8:00a.m. to5:00p.m. The
proposedFY2027budget isalsoavailableonlineatwww.blacksburg.gov.
FY 2026 FY 2027
29,139,800 31,697,800
4,370,100 4,409,400
6,200,400 6,263,000
5,060,900 5,688,200
185,400 195,400
750,000 1,000,000
730,350 815,800
100,000 100,000
Total Revenues and Transfers 46,536,950 $ 50,169,600 $
339,896 366,805
6,346,863 6,377,584
486,958 512,195
2,730,575 2,886,014
1,461,516 1,671,260
11,331,739 12,572,733
1,863,665 1,181,107
7,726,120 8,211,452
4,173,493 4,421,741
1,835,788 2,085,471
2,073,749 2,153,104
Non-departmental and Transfers 1,152,650 2,207,572
3,343,325 3,361,343
8,554,160 9,708,110
Total Expenditures and Transfers 53,420,497 $ 57,716,491 $
per $100 of Assessed Valuation: $0.26 $0.26
andendingJune30,2027;adoptingtherealestatetaxrate;andprovidingfor the
fundsforthefiscalyear.
mayprovidewrittenandoralcommentsandaskquestionsconcerningtheproposed
associatedchanges.Copiesof theproposedbudgetareavailableforpublicinspection
hoursat theBlacksburgBranchof theMontgomery-FloydRegionalLibraryandin
theBlacksburgMunicipalBuildingweekdays from8:00a.m. to5:00p.m. The
isalsoavailableonlineatwww.blacksburg.gov.
GENERAL CAPITAL IMPROVEMENT FUND
FY 2026 FY 2027-$ -$
4,853,400 9,034,720
4,853,400 $ 9,034,720 $
4,853,400 $ 9,034,720 $
Total Expenditures and Transfers 4,853,400 $ 9,034,720 $
FY 2026 FY 2027
$1,125,000-$ -$ – – – –
Total Water & Sewer Fund Revenues-$ -$ -$ 1,125,000 $ -$ 1,125,000 $ -$ -$
CDBG ENTITLEMENT FUND
FY 2026 FY 2027
Current Revenue From Other Agencies 517,900 $ 517,900 $
517,900 $ 517,900 $
Housing and Community Connections 80,004 $ 104,090 $
437,896 413,810
Total Expenditures and Transfers 517,900 $ 517,900 $
HOME CONSORTIUM FUND
FY 2026 FY 2027
Current Revenue From Other Agencies 712,800 $ 712,800 $
712,800 $ 712,800 $
Housing and Community Connections 143,881 $ 132,430 $
568,919 580,370
Total Expenditures and Transfers 712,800 $ 712,800 $
GENERAL CAPITAL IMPROVEMENT FUND
FY 2026 FY 2027
REVENUES
Intergovernmental-$ -$
Other Financing Sources 4,853,400 9,034,720
Total Revenues and Transfers 4,853,400 $ 9,034,720 $
EXPENDITURES
Capital Improvements 4,853,400 $ 9,034,720 $
Total Expenditures and Transfers 4,853,400 $ 9,034,720 $
STATE FIRE FUND
FY 2026 FY 2027
Beginning Fund Balance $1,125,000
REVENUES
Intergovernmental-$ -$
Interest Income- –
Transfers In- –
Total Water & Sewer Fund Revenues-$ -$
EXPENDITURES
Capital Outlay-$ 1,125,000 $
Total Expenditures-$ 1,125,000 $
Ending Fund Balance-$ -$
CDBG ENTITLEMENT FUND
FY 2026 FY 2027
REVENUES
Current Revenue From Other Agencies 517,900 $ 517,900 $
Total Revenues and Transfers 517,900 $ 517,900 $
EXPENDITURES
Housing and Community Connections 80,004 $ 104,090 $
CDBG Project Expenditures 437,896 413,810
Total Expenditures and Transfers 517,900 $ 517,900 $
HOME CONSORTIUM FUND
FY 2026 FY 2027
REVENUES
Current Revenue From Other Agencies 712,800 $ 712,800 $
Total Revenues and Transfers 712,800 $ 712,800 $
EXPENDITURES
Housing and Community Connections 143,881 $ 132,430 $
HOME Project Expenditures 568,919 580,370
Total Expenditures and Transfers 712,800 $ 712,800 $
MIDTOWN SPECIAL SERVICE DISTRICT FUND
FY 2026 FY 2027
25,000 $ 50,470 $
667,900 642,230
692,900 $ 692,700 $
692,900 692,700
Total Expenditures and Transfers 692,900 $ 692,700 $
FY 2026 FY 2027-$ 465,000 $ – 889,142 $ -$ 1,354,142 $ -$ 885,142 $ – 469,000 -$ 1,354,142 $
MIDTOWN SPECIAL SERVICE DISTRICT FUND
FY 2026 FY 2027
REVENUES
Taxes 25,000 $ 50,470 $
Other Financing Sources 667,900 642,230
Total Revenues and Transfers 692,900 $ 692,700 $
EXPENDITURES
Debt Service 692,900 692,700
Total Expenditures and Transfers 692,900 $ 692,700 $
RESCUE FUND
FY 2026 FY 2027
REVENUES
Charges for Services-$ 465,000 $
Transfers In- 889,142 $
Total Revenues and Transfers-$ 1,354,142 $
EXPENDITURES
Operating Expenditures-$ 885,142 $
Capital Outlay- 469,000
Total Expenditures-$ 1,354,142 $
SOLID WASTE & RECYCLING FUND
Beginning Net Position $
REVENUES
Refuse Collection Fees and Special Pick-ups $
Total Solid Waste Fund Revenues $
EXPENDITURES
Operating Expenditures $
Capital Expenditures
Total Solid Waste & Recycling Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
STORMWATER MANAGEMENT ENTERPRISE FUND
Beginning Net Position $
REVENUES
Stormwater Service Charges $
Total Solid Waste Fund Revenues $
EXPENDITURES
Operating Expenditures $
Capital Expenditures
Total Stormwater Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
SOLID WASTE & RECYCLING FUND
FY 2026 FY 2027
Beginning Net Position 907,181 $ 825,495 $
REVENUES
Refuse Collection Fees and Special Pick-ups 2,674,000 $ 3,043,802 $
Total Solid Waste Fund Revenues 2,674,000 $ 3,043,802 $
EXPENDITURES
Operating Expenditures 2,949,335 $ 2,943,707 $
Capital Expenditures- –
Total Solid Waste & Recycling Fund Expenditures 2,949,335 $ $2,943,707
Net Gain/(Loss) (275,335) 100,095
Ending Net Position 631,846 $ 925,590 $
STORMWATER MANAGEMENT ENTERPRISE FUND
FY 2026 FY 2027
Beginning Net Position 2,767,651 $ 2,246,277 $
REVENUES
Stormwater Service Charges 1,193,000 $ 1,338,540 $
Total Solid Waste Fund Revenues 1,193,000 $ 1,338,540 $
EXPENDITURES
Operating Expenditures 1,112,374 $ 1,350,633 $
Capital Expenditures 299,625 840,000
Total Stormwater Fund Expenditures 1,411,999 $ 2,190,633 $
Net Gain/(Loss) (218,999) (852,093)
Ending Net Position 2,548,652 $ 1,394,184 $
REVENUES
Charges for Services-$ 465,000 $
Transfers In- 889,142 $
Total Revenues and Transfers-$ 1,354,142 $
EXPENDITURES
Operating Expenditures-$ 885,142 $
Capital Outlay- 469,000
Total Expenditures-$ 1,354,142 $
WATER & SEWER FUND
FY 2026 FY 2027
Beginning Net Position $12,392,086 $11,687,054
REVENUES
Water & Sewer Service Charges 14,480,615 $ 15,789,790 $
Other Fees 429,800 461,510
Other Financing Sources 1,560,000 500,000
Total Water & Sewer Fund Revenues 16,470,415 $ 16,751,300 $
EXPENDITURES
Contractural Services 10,071,048 $ 10,769,122 $
Other Costs 7,456,931 7,424,747
Total Water & Sewer Fund Expenditures 17,527,979 $ 18,193,869 $
Net Gain/(Loss) (1,057,564) (1,442,569)
Ending Net Position 11,334,522 $ 10,244,485 $
REVENUES
Charges for Services $
Transfers In
Total Revenues and Transfers $
EXPENDITURES
Operating Expenditures $
Capital Outlay
Total Expenditures $
WATER & SEWER FUND
Beginning Net Position
REVENUES
Water & Sewer Service Charges $
Other Fees
Other Financing Sources
Total Water & Sewer Fund Revenues $
EXPENDITURES
Contractural Services $
Other Costs
Total Water & Sewer Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
EQUIPMENT OPERATIONS FUND
FY 2026 FY 2027
Beginning Net Position 558,081 $ 560,800 $
REVENUES
Operating Revenues 1,489,600 $ 1,520,452 $
EXPENDITURES
Operating Expenditures 1,470,600 $ 1,578,700 $
Capital Expenditures 19,000 19,000
Total Equipment Operations Fund Expenditures 1,489,600 $ 1,597,700 $
Net Gain/(Loss)- (77,248)
Ending Net Position $558,081 $483,552
EQUIPMENT REPLACEMENT AND BUILDING SYSTEMS FUND
FY 2026 FY 2027
REVENUES
Other Financing Sources 1,399,200 6,183,650
Total Revenues and Transfers 1,399,200 $ 6,183,650 $
EXPENDITURES
Capital Improvements 1,399,200 $ 6,183,650 $
Total Expenditures and Transfers 1,399,200 $ 6,183,650 $
TRANSIT FUND
FY 2026 FY 2027
Beginning Net Position 12,925,707 $ 12,310,200 $
REVENUES
Federal & State Grants 15,557,493 $ 19,829,231 $
Virginia Tech Contract 8,165,293 8,660,070
Christiansburg Contract 718,007 652,937
Interest 200,000 100,000
Other 132,927 173,530
Total Transit Fund Revenues 24,773,720 $ 29,415,768 $
EXPENDITURES
Administration 2,163,046 $ 2,481,465 $
Communication and Customer Support 438,224 463,500
Information Technology 968,726 924,753
Operations 6,839,246 7,708,435
Training 665,866 738,790
Maintenance 4,980,512 4,136,383
Capital 8,718,100 13,122,500
Total Transit Fund Expenditures 24,773,720 $ 29,575,826 $
Net Gain/(Loss)- (160,058)
Ending Net Position 12,925,707 $ 12,150,142 $
EQUIPMENT OPERATIONS FUND
Beginning Net Position $
REVENUES
Operating Revenues $
EXPENDITURES
Operating Expenditures $
Capital Expenditures
Total Equipment Operations Fund Expenditures $
Net Gain/(Loss)
Ending Net Position
EQUIPMENT REPLACEMENT AND BUILDING SYSTEMS FUND
REVENUES
Other Financing Sources
Total Revenues and Transfers $
EXPENDITURES
Capital Improvements $
Total Expenditures and Transfers $
TRANSIT FUND
Beginning Net Position $
REVENUES
Federal & State Grants $
Virginia Tech Contract
Christiansburg Contract
Interest
Other
Total Transit Fund Revenues $
EXPENDITURES
Administration $
Communication and Customer Support
Information Technology
Operations
Training
Maintenance
Capital
Total Transit Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
Blacksburg Town Council will hold a public hearing on Tuesday, April 14, 2026, at 6:30 p.m. in the Roger E. Hedgepeth Chambers of the Blacksburg Municipal Building at 300 South Main Street
on the following:
Ordinance #2113 – An ordinance adopting the budget for the Town of Blacksburg, Virginia for the fiscal year beginning July 1, 2026 and ending June 30, 2027; adopting the real estate tax rate;
and providing for the annual appropriation of funds for the fiscal year.
At the hearing, citizens may provide written and oral comments and ask questions concerning the proposed FY 2027 budget and associated changes. Copies of the proposed budget are available for
public inspection during normal operating hours at the Blacksburg Branch of the Montgomery-Floyd Regional Library and in the Town Clerk’s Office in the Blacksburg Municipal Building weekdays
from 8:00 a.m. to 5:00 p.m. The proposed FY 2027 budget is also available online at www.blacksburg.gov.
TOWN OF BLACKSBURG
PROPOSED FY 2027 OPERATING BUDGET AND
2027 TAX RATE NOTICE OF PUBLIC HEARING
Blacksburg Town Council will hold a public hearing on Tuesday, April 14, 2026, at 6:30 p.m. in the Roger E. Hedgepeth Chambers of the Blacksburg Municipal Building at 300 South Main Street
on the following:
Ordinance #2113 – An ordinance adopting the budget for the Town of Blacksburg, Virginia for the fiscal year beginning July 1, 2026 and ending June 30, 2027; adopting the real estate tax rate; and
providing for the annual appropriation of funds for the fiscal year.
At the hearing, citizens may provide written and oral comments and ask questions concerning the proposed FY 2027 budget and associated changes. Copies of the proposed budget are available
for public inspection during normal operating hours at the Blacksburg Branch of the Montgomery-Floyd Regional Library and in the Town Clerk’s Office in the Blacksburg Municipal Building on
weekdays from 8:00 a.m. to 5:00 p.m. The proposed FY 2027 budget is also available online at www.blacksburg.gov.
GENERAL FUND
FY 2026 FY 2027
REVENUES
Taxes 29,139,800 31,697,800
Licenses, Fees and Permits 4,370,100 4,409,400
Intergovernmental 6,200,400 6,263,000
Charges for Services 5,060,900 5,688,200
Fines and Forfeitures 185,400 195,400
Interest Income 750,000 1,000,000
Miscellaneous Revenue 730,350 815,800
Other Financing Sources 100,000 100,000
Total Revenues and Transfers 46,536,950 $ 50,169,600 $
EXPENDITURES
Legislative 339,896 366,805
Executive 6,346,863 6,377,584
Legal 486,958 512,195
Finance 2,730,575 2,886,014
Technology 1,461,516 1,671,260
Police 11,331,739 12,572,733
Fire and Rescue 1,863,665 1,181,107
Public Works 7,726,120 8,211,452
Parks and Recreation 4,173,493 4,421,741
Engineering and GIS 1,835,788 2,085,471
Planning and Building 2,073,749 2,153,104
Non-departmental and Transfers 1,152,650 2,207,572
Debt Service 3,343,325 3,361,343
Capital Outlay 8,554,160 9,708,110
Total Expenditures and Transfers 53,420,497 $ 57,716,491 $
Real Estate Tax Rate per $100 of Assessed Valuation: $0.26 $0.26
TOWN OF BLACKSBURG
PROPOSED FY 2027 OPERATING BUDGET AND 2027 TAX RATE
NOTICE OF PUBLIC HEARING
BlacksburgTownCouncilwillholdapublichearingonTuesday,April14,2026,at6:30p.m. intheRogerE.
HedgepethChambersoftheBlacksburgMunicipalBuildingat300SouthMainStreetonthefollowing:
Ordinance#2113–Anordinanceadoptingthebudget fortheTownofBlacksburg,Virginiaforthefiscalyear
beginningJuly1,2026andendingJune30,2027;adoptingtherealestatetaxrate;andprovidingfor the
annualappropriationoffundsforthefiscalyear.
At thehearing,citizensmayprovidewrittenandoralcommentsandaskquestionsconcerningtheproposed
FY2027budgetandassociatedchanges.Copiesof theproposedbudgetareavailableforpublicinspection
duringnormaloperatinghoursat theBlacksburgBranchof theMontgomery-FloydRegionalLibraryandin
theTownClerk’sOffice intheBlacksburgMunicipalBuildingweekdays from8:00a.m. to5:00p.m. The
proposedFY2027budget isalsoavailableonlineatwww.blacksburg.gov.
FY 2026 FY 2027
29,139,800 31,697,800
4,370,100 4,409,400
6,200,400 6,263,000
5,060,900 5,688,200
185,400 195,400
750,000 1,000,000
730,350 815,800
100,000 100,000
46,536,950 $ 50,169,600 $
339,896 366,805
6,346,863 6,377,584
486,958 512,195
2,730,575 2,886,014
1,461,516 1,671,260
11,331,739 12,572,733
1,863,665 1,181,107
7,726,120 8,211,452
4,173,493 4,421,741
1,835,788 2,085,471
2,073,749 2,153,104
1,152,650 2,207,572
3,343,325 3,361,343
8,554,160 9,708,110
Total Expenditures and Transfers 53,420,497 $ 57,716,491 $
per $100 of Assessed Valuation: $0.26 $0.26
TOWN OF BLACKSBURG
PROPOSED FY 2027 OPERATING BUDGET AND 2027 TAX RATE
NOTICE OF PUBLIC HEARING
holdapublichearingonTuesday,April14,2026,at6:30p.m. intheRogerE.
BlacksburgMunicipalBuildingat300SouthMainStreetonthefollowing:
ordinanceadoptingthebudget fortheTownofBlacksburg,Virginiaforthefiscalyear
endingJune30,2027;adoptingtherealestatetaxrate;andprovidingfor the
forthefiscalyear.
providewrittenandoralcommentsandaskquestionsconcerningtheproposed
associatedchanges.Copiesof theproposedbudgetareavailableforpublicinspection
hoursat theBlacksburgBranchof theMontgomery-FloydRegionalLibraryandin
theBlacksburgMunicipalBuildingweekdays from8:00a.m. to5:00p.m. The
alsoavailableonlineatwww.blacksburg.gov.
GENERAL CAPITAL IMPROVEMENT FUND GENERAL CAPITAL IMPROVEMENT FUND
SOLID WASTE & RECYCLING FUND
Beginning Net Position $
REVENUES
Refuse Collection Fees and Special Pick-ups $
Total Solid Waste Fund Revenues $
EXPENDITURES
Operating Expenditures $
Capital Expenditures
Total Solid Waste & Recycling Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
STORMWATER MANAGEMENT ENTERPRISE FUND
Beginning Net Position $
REVENUES
Stormwater Service Charges $
Total Solid Waste Fund Revenues $
EXPENDITURES
Operating Expenditures $
Capital Expenditures
Total Stormwater Fund Expenditures $
Net Gain/(Loss)
Ending Net Position $
SOLID WASTE & RECYCLING FUND
FY 2026 FY 2027
Beginning Net Position 907,181 $ 825,495 $
REVENUES
Refuse Collection Fees and Special Pick-ups 2,674,000 $ 3,043,802 $
Total Solid Waste Fund Revenues 2,674,000 $ 3,043,802 $
EXPENDITURES
Operating Expenditures 2,949,335 $ 2,943,707 $
Capital Expenditures- –
Total Solid Waste & Recycling Fund Expenditures 2,949,335 $ $2,943,707
Net Gain/(Loss) (275,335) 100,095
Ending Net Position 631,846 $ 925,590 $
STORMWATER MANAGEMENT ENTERPRISE FUND
FY 2026 FY 2027
Beginning Net Position 2,767,651 $ 2,246,277 $
REVENUES
Stormwater Service Charges 1,193,000 $ 1,338,540 $
Total Solid Waste Fund Revenues 1,193,000 $ 1,338,540 $
EXPENDITURES
Operating Expenditures 1,112,374 $ 1,350,633 $
Capital Expenditures 299,625 840,000
Total Stormwater Fund Expenditures 1,411,999 $ 2,190,633 $
Net Gain/(Loss) (218,999) (852,093)
Ending Net Position 2,548,652 $ 1,394,184 $
