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Prince William reports $11.5M FY25 revenue surplus; unassigned fund balance meets 7.5% requirement
Summary
County finance staff told supervisors a roughly $11.5 million favorable variance closed FY25, leaving an unassigned general fund balance of about $134.7 million that meets the 7.5% policy; data‑center reserve calculations exceeded available funds and staff will return with options.
County finance staff presented the final fiscal‑year 2025 revenue results and an FY26 outlook to the Board of County Supervisors on Jan. 20.
Leslie (finance presenter) said the county adopted roughly $1.6 billion in revenues for FY25 and finished the year about $11.5 million favorable to budget. Real estate tax and property tax remain the largest revenue sources; investment income and supplemental bills tied to data‑center assessments helped offset some shortfalls in property and personal property collections.
Deputy Director Tim LeClaire explained how the FY25…
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