Leesburg, VA (March 25, 2026) – The Leesburg Town Council adopted the Fiscal Year 2027 Budget and Six-Year Capital Improvements Program at its March 24 business meeting. The entire proposed budget, including the General Fund, the Capital Projects Fund, and the Utilities Fund, is $204.6 million.
The proposed budget maintains the real property tax rate at 17.74 cents per $100 of assessed value. With an average increase of 3.0% in assessments for residential units, the combined residential average of single-family home, townhome, and condominium owners will see an annual increase to their Town real estate tax bill of $33.44, or $2.79/month.
The adopted General Fund budget totals $95.2 million, and includes $471,800 in public safety enhancements, with a Police Lieutenant and Police Co-Responder positions added.
The Council also utilized $2.96 million in funding from its data center computer equipment tax revenue in the adopted budget. This included an additional $1.45 million for the pavement management program, along with funding to support stormwater operational costs, and requests from various boards and commissions. The adopted budget also includes the use of $1.9 million from the General Fund Unassigned Fund Balance for various one-time costs.
The adopted budget includes a 2% cost-of-living adjustment for Town staff, with a one-time $1,000 bonus paid to regular, full-time employees with a salary less than $100,000 on July 1.
The Adopted Six-Year Capital Improvements Program (CIP) for Fiscal Years 2027-2032 totals $362.2 million and includes 66 projects, including nine new projects.
The adopted Utilities Fund budget for Fiscal Year 2027 totals $81.5 million, including $46.2 million for the Capital Improvements Program. This proposed budget represents the third year of a five-year rate plan adopted by the Council in 2024. The rate plan calls for an increase of 4.1% in the average residential utility bill.
The adopted personal property tax rates remain unchanged from the current year.
“The adopted budget reflects the Council’s investment in public safety and the street paving program, two services that are critical to quality of life for our residents and businesses. It also prioritizes investment in our dedicated Town staff,” stated Town Manager Kaj Dentler. “I am proud that the Council and Town staff were again able to work together to achieve a budget that allows Leesburg to remain on solid financial footing. As the Fiscal Year 2027 budget serves as my last as Town Manager, my hope is that the Council will hold a strategic financial discussion with the new Town Manager later this year to assess organizational needs and funding priorities to sustain the level of services the community expects.”
The adopted budget document will be available on the Town website at www.leesburgva.gov/budget.
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