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Cumberland supervisors appropriate $42.85 million for FY27 budget
Summary
The board approved appropriation of $42,851,651 for the FY27 budget. Finance staff said the county remains in a healthy position with grant funding forthcoming; supervisors voted to appropriate funds as required by state code.
Finance staff informed the board that the county's fiscal year close looks positive and that substantial grant funding is still expected. Staff asked the supervisors to appropriate funds totaling $42,851,651 for the budget commencing July 1, 2026, citing state code requirements for appropriation prior to expenditures.
The board moved and approved the appropriation. Finance staff noted some grant receipts may post in FY27 and that a portion of grant revenue could shift between fiscal years. "We look pretty good, actually," the finance representative said when asked about the county's financial position.
The request referenced 'Virginia code section 15.2 dash 2 5 0 6' as the statutory basis for appropriation; the appropriation was approved by recorded 'Aye' votes from supervisors present.
