HomeMy Public PortalAboutTOL NR 2021-03-24 FY 2022 budget adoption
Town of Leesburg
News Release
For Immediate Release
Wednesday, March 23, 2021
Media Contact:
Leah Kosin, Assistant Public Information Officer
lkosin@leesburgva.gov 703-771-2781
Leesburg Town Council Adopts Fiscal Year 2022 Budget,
Maintains Real Estate Tax Rate at 18.4¢
Town takes conservative approach in the face of COVID-related uncertainties.
Leesburg, VA (March 23, 2021) – On Tuesday evening, the Leesburg Town Council adopted the
real estate tax rate for the 2021 calendar year and approved the Fiscal Year 2022 Budget and
the six-year Fiscal Year 2022-2027 Capital Improvements Program (CIP). The council
maintained the current real estate tax rate of 18.4¢ per $100 of assessed value.
“We are taking a very conservative, cautionary approach with the Fiscal Year 2022 budget,”
explains Kaj Dentler, Leesburg’s Town Manager. “We know we are not out of the woods with
the COVID-19 pandemic. Our goal is to position the town to handle the uncertainties of the
upcoming year.”
The adopted Fiscal Year 2022 General Fund Budget, including debt service, totals $65.3 million
which is a 4.6% increase over Fiscal Year 2021. Only two enhancements are included in the
budget: $300,000 for increased emergency and weather response efforts and $177,086 to
continue the downtown outdoor dining program that began last year.
In addition, the council adopted the Fiscal Year 2022-2027 Capital Improvements Program (CIP).
The CIP includes 69 projects, totaling $210.1 million over the six years of the program. For Fiscal
Year 2022, the CIP is $48.2 million and includes 33 projects. Major capital projects that began
in previous years or will be under construction in Fiscal Year 2022 including the Route
7/Battlefield Parkway interchange, the widening of Evergreen Mill Road, the expansion and
renovation of the Leesburg Police Headquarters on Plaza Street, and improvements at Veterans
Park at Ball’s Bluff. Council also approved the Lawson Road Pedestrian Bridge project to start
design in Fiscal Year 2022 with construction to start in Fiscal Year 2023.
The newly adopted Fiscal Year 2022 Budget and the Fiscal Year 2022-2027 Capital Improvements
Program will be available for download from the Town’s website at www.leesburgva.gov/budget
within the next month. The proposed budget document is available now.
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