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Hanover budget workshop: county staff recommend larger reserve for revenue; schools may see additional state aid
Summary
County finance staff told supervisors the proposed FY2026 budget would include a larger 'reserve for revenue' to capture unexpected grants and reimbursements, and that the schools could receive new state funding pending the governor’s and General Assembly’s actions.
HANOVER COUNTY, Va. — At a March 26 budget work session, Hanover County budget staff proposed increasing the county’s “reserve for revenue” appropriation and previewed potential state funding for schools that could reduce the need for local budget adjustments.
Shelly Wright, the county’s budget division director, said the proposed reserve for revenue in the county administrator’s recommended budget was $850,000 but staff…
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