Madison County Board appropriates $73.99 million FY27 operating budget and $2.74 million capital budget

The Madison County Board of Supervisors on June 9 unanimously approved two resolutions authorizing spending for Fiscal Year 2027: an operating appropriation of $73,985,276 and a capital appropriation of $2,743,180.

Finance Director Jennifer Warren presented Resolution #2026-13, explaining that the appropriation implements the budget the Board adopted April 28, 2026 and is required to authorize actual expenditures for the fiscal year. The operating budget includes $19,174,115 for school operations and $1,725,500 for the School Food Fund, among other departmental allocations. The Board approved the resolution on a 5-0 vote.

Warren then presented Resolution #2026-14, the capital appropriation for July 2026. The capital budget totals $2,743,180, of which $1,007,554 is allocated to the School Capital Asset Replacement (CARP) fund and $482,100 to County CIP. Supervisor Mike Snider moved to adopt the capital resolution; the motion was approved unanimously.

Board members discussed the procedural distinction between adopting a budget and appropriating it for expenditure, and staff noted that the appropriations reflect the previously adopted budget. The resolutions cite statutory authority the Board reviewed in the record (Code of Virginia sections referenced in the resolutions).

What the votes mean: the appropriations authorize county departments and the school division to expend funds in FY27 as budgeted. The Board did not change revenue assumptions during the appropriation votes; the actions implement the spending plan approved in April.

Next steps: Departments will proceed under the authorized FY27 budgets, and Finance staff will continue preparations for the year-end audit referenced in the Finance Director's report.