UPDATE: FY2022 Budget Information

On April 7, 2021 the Board of Supervisors adopted the FY2022 Budget and Capital Improvement Program, which is effective July 1, 2021. The adopted budget and CIP will be posted once available ahead of starting the new fiscal year.

Building Chesterfield's Blueprint

Solid Fundamentals

Planning is essential to the success of Chesterfield. It's important to keep a pulse on what we need to be paying attention to and what's on the horizon as we best prepare Chesterfield for the future.

Making Connections

We’re making progress on key initiatives that were identified by our residents through the Blueprint Chesterfield process. Learn more about what is being done in these focus areas.

Starting a Conversation

Let’s talk! Share your ideas, provide feedback and input, tell us why you’re here – reach out to us anytime.

Explore the Budget

The world has drastically changed from the one that existed when the initial FY2021 budget was presented to the Board of Supervisors in early March. However, the FY2021 budget remains focused on fundamentals – even though the revenue outlook has changed, the priorities have not. The adopted budget reflects that change through a near $52 million decrease from the version previously proposed in March.  The key areas are highlighted below:
Classroom Instruction

Prioritize K-12 Education

Local transfer is +$9.7M from FY20 level; only change in local funding support for CCPS a ($2.9M) reduction in the school transfer due to revised forecast in property tax revenues; the ($2.9M) decrease is blunted using $5M in reserves to assist in keeping CCPS' major maintenance efforts moving forward
Chesterfield Police Department Recruiters

Maintain Front-line Services

Protects essential public safety and human service programs and ensures they are equipped to provide necessary services; no impacts to full-time sworn ranks in Police, Fire, or the Sheriff's office; select enhancements in public safety to maximize capacity of officers; provides funding for Registrar to support new early voting efforts for 2020 elections
Technical Set-up

Retain Essential Workforce

Ensures critical County services continue by protecting essential workforce; while a 2% merit was eliminated and career development initiatives are frozen temporarily, the budget does not eliminate any position in lieu of select furloughs that are clustered in areas unable to operate and remain in compliance with COVID-19 safety protocols
River City Sportsplex Improvements

Responsibly Reprioritize Capital

Resources were reprioritized away from FY21 CIP, allowing dollars to fund critical County operating needs, all while still adhering to the County's crucial financial policy of investing 2.5% of facility replacement value into the major maintenance program; numerous capital projects on hold to defer future operating costs; critical public safety efforts continuing; pushed out all new debt in FY21, as planning for referendum in November 2021
Fiscal Stewardship

Fiscal Stewardship

Maintain compliance with all financial policies and ratios, conservative management and financial strategies, and ongoing monitoring of key economic indicators; budget will be re-evaluated mid-FY21, to consider program and service enhancements pending revenue outlook

Tools and Resources

FY21 Priorities

Planning for the future and focusing our efforts. Read through the FY21 Priorities to learn about where the County is headed over the next 12 months.

Key Financial Indicators

Interested in comprehensive financial, economic, and demographic datasets? Then this online dashboard is for you; tracking overall performance and how the metrics inform the future economic, financial, and budgetary outlook for the County.

Line Item Details

Do you love to sort through the details? Every single dollar is accounted for in the full line item detail listing.

The Budget Team

The Budget Team is responsible for developing and aiding in financial oversight for the annual budget and capital improvement program to ensure good fiscal stewardship of the County's resources.

Through the Blueprint Chesterfield initiative, the department engages with the community year-round to stay informed about what's most important. Budget and Management also uses the Five-Year plan as a framework for prioritizing current and future resource needs and works closely with staff from other departments, the Citizens’ Budget Advisory Committee, and the Board of Supervisors all the way through annual budget adoption in April.

In addition to maintaining the County Triple-AAA bond rating, the department has received the Government Finance Officer's Association's Distinguished Budget Presentation Award for 34 consecutive years, which is the highest form of recognition for excellence in local government budgeting.