Town Budget
ABOUT THE
BROADWAY TOWN BUDGET
The Town budget is prepared annually by the Broadway Town Manager, and is presented to Town Council. Town Council chooses to approve or make suggested modifications to the budget. The final budget is then submitted to the Town Council for approval at a public hearing. Below you’ll find the budget numbers for the 2025 fiscal year. If you have questions regarding the budget, please contact the town office.
OVERVIEW OF
FISCAL YEAR 2025 BUDGET
| Town Revenue | Amount | |
|---|---|---|
|
General Fund |
|
$2,949,650 |
|
Water Fund |
|
$985,000 |
|
Sewer Fund |
|
$4,291,381
|
Total Revenue:
$8,226,031
| Town Expenditures | Amount | ||
|---|---|---|---|
|
General Fund: |
|||
|
|
General/Administrative |
$956,150 |
|
|
|
Public Safety |
$859,500 |
|
|
|
Highways & Streets |
$712,000 |
|
|
|
Parks & Recreation |
$187,000 |
|
|
|
Sanitation |
$235,000 |
|
|
Enterprise Funds: |
|||
|
|
Water Fund |
$985,000 |
|
|
|
Sewer Fund |
$4,291,381 |
Total Expenditures:
$8,226,031
Town Council held public hearings to review the proposed FY25 budget, rate increases, and tax increases on Tuesday, May 7, 2024 at 7:00 p.m. The proposed FY25 budget and tax increases will be on the June 4, 2024 agenda to be voted on.
Please click here for a list of expenses per fund. Please click here for a list of revenues per fund.
Please click here for the approved ordinance to increase the water, sewer and trash fees for FY25.
Proposed FY26 Budget - Public Hearing - Tuesday, May 20, 2025 @ 7:00pm
| Proposed Revenues | ||
|---|---|---|
|
General Fund |
$2,962,700 |
|
|
Water Fund |
$678,900 |
|
|
Sewer Fund |
$4,626,140 |
|
|
Subtotal before transfer |
$8,267,740 |
|
|
Transfer* |
$401,940 |
|
|
Total Revenues |
$8,669,680 |
| Proposed Expenditures | |||
|---|---|---|---|
|
General Fund |
|
||
|
|
General Administrative |
$887,600 |
|
|
|
Public Safety |
$858,500 |
|
|
|
Highways & Streets |
$688,500 |
|
|
|
Parks & Recreation |
$426,500 |
|
|
|
Sanitation |
$265,000 |
|
|
Enterprise Funds: |
|
||
|
|
Water Fund |
$917,440 |
|
|
|
Sewer Fund |
$4,224,200 |
|
|
|
Subtotal before transfer |
$8,267,740 |
|
|
|
Transfer* |
$401,940 |
|
|
|
Total Expenditures |
$8,669,680 |
*Note: Transfers are for budgeting purposes and are from operating surplus. The Town of Broadway operates on a balanced budget.
The Town is proposing the following increases in taxes and fees to be effective July 1, 2025
- A 6.8% increase (CPI-U + 4%) which equals $2.45 increase in the bi-monthly trash collection fee from $36.00 to $38.45.
- A 3% increase in the water and sewer rate with an automatic increase based on CPI (Consumer Price Index) each following fiscal year.
- An increase on minimum sewer usage rate from $17.81 to $25.00 bi-monthly.
- An Out-of-Town water & sewer connection fee of 150% above In-Town water & sewer connection fees.
A copy of the proposed budget and the Ordinance is on file at the Town of Broadway Town Hall, 116 Broadway Avenue, Broadway, VA 22815, and is available for reviewing Monday – Friday, 8:00 a.m. – 4:30 p.m. with a lunch closure daily from 12:30 – 1:30 p.m., and at broadwayva.gov. Any person requiring special accommodations in attending or participating in the public hearing should contact the Broadway Town office at (540) 896-5152 at least five days prior to the public hearing.
BROADWAY
TOWN OFFICE
Address
116 Broadway Ave
Broadway, VA 22815
Mailing Address
P.O. Box 156
Broadway, VA 22815
Phone
(540) 896-5152
Hours Of Operation
Monday-Friday 8:00 a.m. – 4:30 p.m.
Closed for lunch daily from 12:30 – 1:30 p.m.
