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Notice of Public Hearing

Virginia Media by Virginia Media
April 25, 2022
in Legals
0

LEGAL NOTICE OF PUBLIC HEARING
A Public Hearing will be held by the Council of the Town of Christiansburg on Tuesday, May
10, at 7:00 P.M. in the Council Room of the Town Hall, 100 East Main Street, Christiansburg,
Virginia for the purpose of discussing the Proposed Budget for FY 2022-2023.
The real estate tax rate will remain 16 cents per $100 of assessed value and the Personal Property
tax rate will remain at 45 cents per $100 of assessed value. There are no other proposed fee
increases in this budget draft dated 4-21-2022.
SYNOPSIS OF PROPOSED BUDGET
TOWN OF CHRISTIANSBURG
FISCAL YEAR 2022-2023 BUDGET
REVENUE APRROPRIATIONS
Revenue General Fund

32,224,633 General Fund Operating

30,951,134
Use of Carryover General Fund

6,121,674 General Fund Capital Acquisitions

3,444,860
Use of reserves

600,000 Cemetery Fund Operating

302,151
Cemetery Fund

107,500 Cemetery Fund Capital Acquisitions

22,500
Special Revenue Fund

1,679,311 Cemetery Perpetual Care

47,500
Special Revenue Fund Carryover

2,792,667 Capital Project Funds

14,142,368
Capital Project Funds

6,245,024 Special Revenue Fund

4,471,978
Capital Project Funds Carryover

3,611,682 Water and Sewer Enterprise Operating

8,846,576
Water and Sewer Enterprise Fund

11,671,000 Water and Sewer Enterprise Capital Acquisitions

7,612,200
Use of Carry over Water and Sewer

4,787,776 Storm Water Utility Enterprise Operating

829,633
Revenue Storm Water Utility Fund

3,032,261 Storm Water Utility Enterprise Capital Acquisitions

3,420,571
Use of Carry over Storm Water Fund

1,217,944 Storm water Utility Reserve
Total Revenue/Sources

74,091,471 Total Expenditures/appropriations

74,091,471
The Proposed Budget may be examined on weekdays at the office of the Town Manager, 100
East Main Street, Christiansburg, VA, between the hours of 8:00 A.M. to 5:00 P.M. and on the
Town Web Site, www.christiansburg.org. Interested citizens will have the opportunity to give
written or oral comments.
A copy of the draft budget is available for review at the following link:
https://www.christiansburg.org/DocumentCenter/View/14316/2022-2023-Draft-Budget
Randy Wingfield, Town Manager

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