TOWN OF FAIRFAX
Budget Adoption
Fiscal Year 2026-2027
June 3, 2026
1 General Fund – Source of Funds
$16.0 Million
Property taxes 56.4%
Sales taxes 13.8%
Service charges 6.4%
Measure F 5.0%
Other taxes/fees 16.3%
Fund balance 2.1%
2 General Fund – Use of Funds
$16.0 Million
PUBLIC SAFETY 61.2%
TOWN ADMINISTATION 12.1%
DEVELOPMENT SERVICES 8.2%
PUBLIC WORKS 6.9%
PARKS & FACILITIES 2.7%
RECREATION & COMM SERV 2.0%
NON-DEPARTMENTAL 6.9%
3 Distribution of PROPERTY TAX
4 5
General Fund – Appropriations
Expenditures by Category
6 Town Attorney
22.5%
Non
Departmental
18.8%
Other
16%
Public Works
19.2% Parks & Rec
13.9%
Planning &
Building
9.6%
General Fund – Appropriations
Highlights
General Fund Appropriations up by 7.3%
Public Safety up $921,100 at 10.4%
Fire up $624,600 at 17.1% (Obligation by contract)
Police up $292,300 at 5.6%
All others - net increase $167,500 + 2.8%
7 General Funds
8 Special Revenues
9 Debt Service & Fiduciary Funds
10 Capital Improvement Funds
11 Capital Improvement Appropriations
Highlights
CIP appropriations $5.1M
• Road Projects - FY27 $542k (FY26 $760k)
• Fire Station 21 Improve - $1.4m (total cost $1.6M)
• Financed by 5-year county loan
• Payments from General Fund
• Stormwater Drains – Park Road
• Funded from existing federal ARPA revenues
• Total project cost is $1,940,000 over two fiscal years 12 Fiscal Year
2026-2027
Budget Adoption
Council Questions & Discussion
13