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Stephens City releases 2018–19 budget draft showing $960,287 general fund
Summary
The Stephens City Town Council packet for March 6 included a 2018–19 budget draft with a $960,287 general fund and $534,250 utility fund. Major line items include public safety ($418,172), public works ($293,243) and contingency for capital improvements; Treasurer reported tax collection rates near 98%.
Stephens City, Va. — Town staff presented figures for the 2018–19 budget cycle at the March 6 council meeting showing a general fund budget of $960,287 and a utility fund budget of $534,250.
The draft allocates $418,172 to public safety (police), $293,243 to public works, and lists administration expenditures and transfers to reserves. The draft also shows a police grant anticipated at $34,237 and multiple line items for revenues including sales tax, meals tax and utility taxes. Treasurer Steve Rickards told council that “Real estate taxes are projected to be around a ninety eight percent collection rate and personal property will be around a ninety seven percent collection rate,” and noted the budget is approximately 90 percent complete for the fiscal cycle.
Detailed line items distributed with the packets include $30,000 each for sidewalks and street lighting in the public works section, water meter purchases ($10,000), and a suite of personnel and benefit costs in the public safety and administration areas. The draft shows prior‑year grants (for example a Saft‑LU grant listed in 2017–18) that are not budgeted again in 2018–19.
The packet also contained operating statements and bank balances: a March cash balance listing totals of approximately $828,466 across accounts. Town staff said a working draft will be reviewed by the Finance Committee in the coming weeks before final adoption.
Next procedural step: the budget working draft will be considered by the Finance Committee and then returned to council for further review and adoption per the town’s calendar.
