FY27 ANNUAL OPERATING BUDGET RECOMMENDATIONS
With Henrico County’s FY26 Proposed Operating Budget, the County Manager announced a goal to find
savings in the upcoming year roughly equivalent to the revenue from one cent on the $0.83/$100 real
estate tax rate. The savings, valued at $6 million, would be subject to two constraints:
- Reductions would not negatively impact service levels.
- Reductions would not result in a reduction in force.
The County Manager’s office appointed an inter-departmental team of nineteen employees to the task in
June 2025, which came to be known as the Fiscal Wellness Committee. Finance Director Sheila Minor,
Fleet Division Director Larry Maready, and Chief of Emergency Management & Workplace Safety Rob
Rowley were appointed co-chairs.
