FY2018 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 FY18 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 2018 BUDGET WORK

Information regarding the start of the FY18 budget work was presented to the Roane County Commission on June 22nd:

DEBT REPORT FY16

Budget Book Fy 2017

Operational Statement FY16 to FY17

Operational Statement FY17 to FY18

 

Executive Summary 15f FY18 Budget PowerPoint

 

Tentative Budget Committee Meetings for FY18
DateDayTimeFundsMinutes
Mar 16thThurs6:00 pm151,152,156Budget Committee Minutes 03-16-17
Mar 23rdThurs6:00 pm171 overview, 300s, 264, 266Budget Committee Minutes 03-23-17
Mar 28thTu6:00 pm116, 118, 123, 171- AMB, CCC, RCY Budget Committee 03-28-17
Apr 18th Tu6:00 pm131 & 176 (HWY); 101,122 & 171 (Sheriff)Budget Committee Minutes 04-18-17
Apr 24thMon6:00 pm 121 (Fire & Animal Cntrl), 101 (OES), 171- VEH, CHJ, BAL, OES, HSG, TEQ, All subfunds with balances and Needs.Budget Committee Minutes 04-24-17
May 12thFri9:00am Elected Officials, 204 Wasterwater, RevenuesBudget Committee Minutes May 12, 2017
May 30thWed6:00 pm Department Heads, Nonprofit, Revenues Budget Committee Minutes May 30, 2017

May 31st Wed Filing Deadline for June Commission
June 12thMon7:00 pm June Commission Meeting
June 15th Thurs6:00 pm School Budget Budget Committee Minutes 06-15-17
June 22nd Thurs6:00 pm Budget Public Hearing Budget Committee Minutes 06-22-17 Public Hearing - Commission Workshop

FY18 Budget PowerPoint
June 28th Wed Filing Deadline for July Commission
July 10th Mon7:00pm July Commission Meeting

TBD: Public Hearing on the FY18 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.**