In the coming months there are going to be some very important meetings, discussions and news regarding the Loudoun County Budget for the next fiscal year. One of those meetings takes place this evening when the Loudoun County School Board and the Loudoun County Board of Supervisers meet to discuss the budget outlook for next year.
Given that the school budget makes up approximately 70% of the county budget in a year, this meeting will hopefully go over the anticipated shortfall in tax revenues of $176 Million that Kirby Bowers has already announced.
County officials are being a lot more proactive in dealing with the budgetary problems this year compared to last year. This meeting is evidence of that.
If you want to follow a good blog that deals with the school board from the perspective of a school board member, I suggest reading John Stevens blog. He is a vice chairman of the school board and resident of Sterling.
And on a side note, I believe the projected budget shortfall will probably be more than the $176 Million but I will write about that a little later in the year as the 4th quarter prices for real estate in the county become more clear.