Finance/Government Operations and Economic Development Committee - Capital Improvement Program Work Session - Feb 24, 2026

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Loudoun County Board of Supervisors 1h 39m 3 speakers 8 agenda items transcribed 2 months ago official recording ↗

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What is the main topic discussed in this episode?

Phyllis J. Randall 6:16

Test, test, test. Just pinch my fingers.

How does the CIP work session open and what are meeting logistics?

Phyllis J. Randall 6:42

I would like to call to order the February 24th, 2026 Loudoun County Board of Supervisors Finance Government Operations and Economic Development Committee Capital Improvement Program work session. This room has a hearing loop. If you need hearing assistance, please switch your hearing aids to telecoil mode. If you need a headset, we have those available. Please ask the clerk to request one. Um, this evening we have, um, supervisors, Michael Turner, Laura to crony and Caleb Kirshner joining us. Um, chair Randall is still, uh, downtown, uh, with NACO doing some NACO work. So she will not be joining us this evening. And I wasn't gonna say Matt Latourneau is running a little late, but here you are. Good job.

Phyllis J. Randall 7:29

Good job. The goal of tonight's work session is to end with motions on scenarios to be included in the March 4th FGOEDC CIP work session packet. Staff will also incorporate responses to any project update questions requested by supervisors in the packet for the March 4th CIP work session. I do have some questions that will be coming there because I was tardy with my questions. But rest assured, I don't believe my questions will result in any scenarios or motions at that March 4th work session. Supervisors will have three minutes for questions each round, and we will have as many rounds as needed. And with that, I will turn it over to Megan Burke or County Administrator Tim Hemstreet. who I believe have a presentation.

Megan Burke 8:22

Yes, good evening. Nikki Spate will be doing today's presentation in addition to Scott Warris from DTCI.

Tim Hemstreet 8:32

Good evening, Chair Briskman and members of the committee. Yesterday you received the CIP work session items, one of which gives an overview of the proposed CIP and one funding scenario that was received yesterday. The second item provides details related to the Western Loudon Recreation Complex project. Our presentation tonight will summarize those items, and the goal of this evening is to receive direction on funding scenarios the committee would like staff to return with to the March 4th work session. We do have a full presentation, so if it is okay, Madam Chair, we will go straight through the presentation and then begin the discussion afterwards.

Phyllis J. Randall 9:18

Okay, thank you.

Tim Hemstreet 9:23

Okay, so the work sessions are intended for the board members to ask questions and discuss potential funding scenarios. Just as a reminder, it's the board's practice that any funding scenarios should include project offsets within the same district, and that will end tonight's work session with specific direction on what scenarios to prepare for the work session on March 4th. Additional items in the packet include responses to the questions that were received by the February 17th deadline.

What is the high-level summary of the proposed FY27 Capital Improvement Program?

Tim Hemstreet 9:54

With three exceptions, we had two questions from Supervisor Glass and one from Supervisor Turner that were not answered for this packet, but they will be answered in the March 4th packet, so we do apologize for that. And then also the last item is just an information item as mentioned for the Western Loudon Recreation Project. And now I will turn to a high-level summary of the CIP, focusing on how it aligns to the budget guidance we received. The six-year period totals $4.3 billion. County projects total $1.3 billion, or 31%. Transportation projects are $1.8 billion, or 41%. And school projects are $1.2 billion, or 28%. And these percentages align to the guidance provided by the board to generally maintain the 30, 40, 30% funding ratios for county transportation and schools respectively.

Tim Hemstreet 10:52

Two new years have been added to the CIP. Cost and schedule changes for existing projects are accommodated first. New projects are added according to the criteria that the board endorsed in July. An additional local tax funding is programmed to conserve debt capacity in future years. and so that additional capacity was not used to significantly increase the size of the CIP. This table shows the annual debt issuance guideline as it was raised in July, as well as the projected debt issuance in the six-year CIP.