Please Wait a Moment
X

News Board

Resources News Board

About the News Board

Check back often for the latest state and national events, resources, and opportunities of interest to Virginia’s local governments.

VDSS Local Base Budget Allocations DRAFT Formula - Presentation 1

Tuesday, November 28, 2023/Categories: News Board

Slides from the November 28, 2023 webinar now available.

The next webinar is scheduled for Monday, December 11, from 1:00 – 2:00 p.m. for a follow up with opportunities for more detailed discussion of the proposed alternative formula and calculations.

Join the Monday, Dec. 11 webinar here >

  • Password: mbCzUU6Mb88
  • Meeting number: 2633 007 3733

View/Download the November 28 presentation here >

Topics covered:

  • The Challenge - Aspects and Assumptions
  • How did we get here? - Background
  • The DRAFT Formula
  • Implementation
  • Next Steps
  • Complex Set of Factors, Variables
  • Adequacy of Funding
  • Budget Request
  • RESET- No Loss, Net Gains
  • Starting Point/Recommendations