FY 2020-2021 Budget

NOTE: The budget process is a prediction of spending for Town operations, services and programs; it is not a representation of the actual revenues and expenditures for a fiscal year. Actuals for each fiscal year are represented in the annual audit reports and Comprehensive Annual Financial Reports (CAFR). You can view a history of these reports here.

Christiansburg Town Council approved the budget on June 9, 2020.

FY 2020-2021 Budget (PDF)


Christiansburg Town Council approved a budget amendment at its Nov. 10, 2020 meeting. The amendment is primarily to recognize the award of several additional grants, changes in capital projects carryover funds, and the addition of funds to several capital projects, including the construction of a multipurpose park on Peppers Ferry Road and the issuance of debt for the construction of same. 

FY 2020-2021 Budget Amendment (PDF)


Just want the highlights? 

Check out our budget summary here (PDF). Print copies of this document are available at Town Hall, 100 E. Main Street.

Revenues: Where does our funding come from?

Revenues

Expenditures: What is our funding spent on?

Expenditures

Note: The $8.2 million difference between the Town’s total revenue and total expenditures is covered by the Town’s capital reserve funds and unexpended funds from previous years.

Budget Process Calendar

January 2020

  • Budget templates and forms were distributed to departments, and staff met to discuss the budget process.

February 2020

  • Departmental budget requests were due, along with end of the year expenditure estimates, personnel requests and capital outlay requests. 
  • Finance Director and Town Manager began reviewing budget requests and end of year expenditure estimates, holding meetings with departments as needed.
  • Feb. 24: The Finance Committee held a meeting to discuss the status of the current FY 19-20 budget and a potential budget amendment; salary and wages; and the FY 20-21 budget, including schedule and revenue outlook. 

March 2020

  • March 17: A Town Council work session was scheduled to discuss the draft budget but was canceled for the health and safety of the community in regards to COVID-19 (coronavirus). The Finance Director emailed Town Council with a copy of the draft budget and the budget presentation she had planned to give at the work session.
  • March 24: The Finance Director presented the draft budget at a regularly scheduled meeting of Christiansburg Town Council. 

April 2020

May 2020

June 2020



FY 2019-2020 Budget

Christiansburg Town Council approved the budget on June 25, 2019. 

FY 2019-2020 Budget (PDF)


Just want the highlights? 

Check out our budget summary here (PDF). Print copies of this document is available at Town Hall, 100 E. Main Street. 

Revenues: Where does our funding come from?


Revenues

Expenditures: What is our funding spent on?


Expenditures


Note: The $8.8 million difference between our total revenue and total expenditures is covered by the Town’s capital reserve funds and unexpended funds from previous years.