Town of Blacksburg Adopted Operating Budget FY 2027

FINANCIAL SERVICES DEPARTMENT FUNDING SUMMARY

Actual

% Change

Expended FY 2025

Budget FY 2026

Budget FY 2027

From

FY 2026

Item Account Personnel Services

$

$

$

836,904 407,754 735,113 70,621 4,885 1,474 11,252 43,937

1,176,433 573,314 776,997 105,290

1,204,600 579,245 884,840 112,015

2.4% 1.0%

Benefits

Contractual Services

13.9% 6.4% 0.6% 5.1% 100.0% (22.0%)

Supplies

Training and Travel Internal Services

21,420 2,535

21,550 2,664 22,900 58,200

Leases

0

Capital Outlay

74,586

Total

$ 2,111,940 $ 2,730,575 $ 2,886,014

5.7%

Financial Services Department Total FY 2027 Expenditures: $2,886,014

Internal Services 0.1%

Leases 0.8%

Training and Travel 0.7%

Capital Outlay 2.0%

Supplies 3.9%

Personnel Services 41.7%

Contractual Services 30.7%

Benefits 20.1%

PERSONNEL SUMMARY

Actual FY 2025

Budget FY 2026

Budget FY 2027

Authorized Position Full-Time

13.00 0.48 13.48

15.00 0.48 15.48

15.00 0.48 15.48

Wage Total

65