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Arlington staff warn of tight year‑end finances, recommend pause on some capital work
Summary
County finance staff told the Arlington County Board on June 18 that fiscal year 2025 will likely end with only a small discretionary balance and flagged revenue and expense risks for FY 2026; the manager recommended monitoring, pausing some nonpersonnel spending and delaying a bond sale if needed.
Arlington County finance officials told the County Board on Wednesday they expect fiscal 2025 to close with a historically small amount of discretionary funding — roughly $5 million to $15 million — and urged continued monitoring of revenues and possible temporary pauses on some nonpersonnel spending and capital activity.
The presentation, led by Maria Meredith, director of the Department of Management and Finance, and Richard Stevenson of the same department, outlined final FY 2025 performance risks, an outlook for the FY 2026 budget the board adopted in April, and a set of steps the manager recommends to preserve fiscal flexibility.
The county manager, Mark Schwartz, and staff stressed why the advisory stance matters. "At this time... we recommend no changes to the adopted FY 26 funding decisions," Richard Stevenson said, "however, we may pause certain nonpersonnel expenditures and delay the initiation of some new capital projects." He added the manager would return…
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