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Chesterfield reports $3.9M FY2025 surplus; board asked to appropriate $1.5M for domestic-violence center and approve $50M bus financing line
Summary
County finance staff told the board the FY2025 net surplus was about $3.9 million and recommended $1.5 million be set aside for a domestic-violence resource center. The consent agenda also contains a lease modification and a resolution to authorize a $50 million line of credit for school bus replacement with an initial $4 million draw.
Chesterfield County finance staff reported the county closed fiscal year 2025 with a net surplus of approximately $3,900,000, and recommended the board appropriate $1,500,000 of that amount for a future domestic-violence resource center while placing the remainder into the county’s revenue stabilization fund.
“We are recommending that $1,500,000 of that be appropriated for future domestic and [domestic-violence] resource center,” said Mr. Durkin during the financial update. The board was told the site for the facility will not be publicly disclosed “to keep people safe,” and a board member described the appropriation as a long‑standing priority.
Durkin also told members the county’s unassigned fund balance stands just over 9.5…
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