FY2017 Budget Work

GENERAL BUDGET CONSIDERATIONS
Laws, Comptroller and Local Policies, and Best Practices in the Budget  Process

County budgetary process is outlined in the Tennessee Code Annotated:

  • TCA 5-15-101 et al County Budgeting Law of 1957
  • TCA 5-9-101 et al General Appropriations Laws

The County has further adopted three (3) overall governing policies which guide budgeting and financial management:

  1. Fund Balance Policy
  2. Debt Management Policy
  3. Capital Projects Policy

Work begins on the FY17 budget with the requests for operational and capital budgets from each elected official and department. These requests go out in early January and signal the beginning of the new budget cycle.

Each year the Roane County Accounting Department prepares a capital report and a debt report to present to Commission and the public. These reports show practical application of the Capital Projects Policy and the Debt Management Policy.

Further policies and legal resolutions include:

  • Annual appropriations resolution: lists the three main policies noted above along with a host of other minor financial policies
  • Tax resolution: sets the annual tax rates for the county
  • Non-profit resolution: itemizes the funds granted to non-profits

Other supporting documents which are used to adopt the annual budget and/or are required by the Comptroller’s Office are:

  • Operational Statement
  • Assessment of Property
  • Tax Levy

The county publishes a Budget Reference Book  which is a detailed budget with written descriptions of revenues, fund operations and services provided.


 

FISCAL YEAR 2017 BUDGET WORK

Information regarding the start of the FY17 budget work was presented to the Roane County Commission on February 8th:

DEBT REPORT FY16

Budget Book Fy 2017

Operational Statement FY16 to FY17

 

Tentative Budget Committee Meetings for FY17
DateDayTimeFundsMinutes
Mar 7thMon6:30 pm151,152,156Budget Cmte 03-07-16 Funds 151, 152, 156
Mar 21stMon6:30 pm171 overview, 300s, 264, 266Budget Cmte 3-21-16 Funds 200s and 300s
Mar 28thMon6:30 pm116, 118, 123, 171- AMB, CCC, RCY Budget Commitee 3-28-16 Funds 116, 118, 171- REC
Apr 21stThurs5:30 pm131 & 176 (HWY); 101,122 & 171 (Sheriff)Budget Committee 04-21-16 131 & Sheriff
Apr 25thMon5:30 pm 121 (Fire & Animal Cntrl), 101 (OES), 171- VEH, CHJ, BAL, OES, HSG, TEQBudget Cmte 4-25-16 OES, 121
May 3rdTues9:00 am204 (Waste Water), Gen Capital FundBudget Cmte 5-3-16 204, 171
May 17thTues5:30 pmCE department heads, Non-profit, Resolution review, RevenuesBudget Cmte 5-17-16 101
May 20thFri8:00 amElected OfficialsBudget Cmte 5-20-16 101
May 31stTues5:30 pmSchools (141, 142, 143, 144, 146, 177
Jun 1stWed4:30 pmFiling Deadline for June Commission Meeting
June 13thMon5:30 pm
Jun 13thMon7:00 pmJune Commission Meeting
Jun 29thWed4:30 pmFiling Deadline for August Commission Meeting
Jul 11thMon7:00 pmJuly Commission Meeting

TBD: Public Hearing on the FY17 Budget will occur before the Commission votes on Budget

TBD: Final Budget Committee meeting to vote on final budget recommendations to Commission following the Public Hearing

Other meetings will be set as needed and as schedules of Budget Committee members allow.

**This is a TENTATIVE schedule of meetings. All meetings will be publicly announced in the Roane County News and will be posted on the Upcoming Meetings/Events page of the county website.**