Finance/Government Operations and Economic Development Committee - Jun 09, 2026

meeting
Loudoun County Board of Supervisors 1h 7m 1 speaker 5 agenda items transcribed 2 months ago official recording ↗
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What is the main topic discussed in this episode?

Madam Chair (Committee Chair) - likely Supervisor Brisman 13:51
We will get started in a moment. We need to have one more supervisor on the dais.

How does the committee open and what are the meeting rules and consent agenda items?

Madam Chair (Committee Chair) - likely Supervisor Brisman 15:35
I would like to call to order the June 9, 2026 Loudoun County Board of Supervisors Finance Government Operations and Economic Development Committee meeting. This room has a hearing loop. If you need hearing assistance, switch your hearing aids to telecoil mode. If you need a headset, we have those available as well. Please see the clerk to request one. Questions and comments are not timed in this committee. However, once a motion is on the table, committee members will have three minutes to ask questions and make comments for all items. We have a very long consent agenda, which is good, it'll shorten the meeting, but please bear with me as I read the consent agenda. It is as follows. Item two, award authority increase information technology, hardware, software, and related services.
Madam Chair (Committee Chair) - likely Supervisor Brisman 16:21
Item number three, contract renewal public safety radio system maintenance and support services. Item number four, contract renewal job order contract for maintenance of mechanical infrastructure, Item five, contract renewal order, contract for maintenance and repair of stormwater infrastructure, paving and other site work. Item six, contract renewal construction support services for buildings and parks. Item number seven, contract award roadway and civil design services for Village of Waterford, preserving the landmark infrastructure improvements. Item number eight, Broad Run Farms Community Water Line Extension Supplemental Funding Request. Item number nine, November 2026 Bond Referendum. Item number 10, Housing Finance Specialist Position Authority.
Madam Chair (Committee Chair) - likely Supervisor Brisman 17:07
Item number 11, Security and Intelligence Operations Center. Item number 12, Loudoun County Community Criminal Justice Board 2025 Annual Report. Item number 13, fiscal year 2026 section eight management assessment program certification and submission. Item 14, fiscal year 2027 transit occupancy tax fund tourism grant funding recommendations. Item number 15, smart scale round seven Clark County application support. Item number 16, smart scale round seven applications. Is there a motion to approve? motion made by Vice Chair Sainz, seconded by Supervisor Umstead. Any discussion? Okay, I don't really have any discussion either. So all those in favor, please say aye. Aye. Aye. So that motion will carry 3-0-2 with Chair Randall and Supervisor Letourneau off the day as Supervisor Letourneau is on his way.
Madam Chair (Committee Chair) - likely Supervisor Brisman 18:08
And Chair Randall will not be joining us this evening. And we will start with item number one, monthly Department of Economic Development report with Buddy Reiser.
Buddy Reiser 18:18
And I'd like to introduce you to Ray Vasquez from the Economic Development Advisory Council. He is first time in front of the board, so excited to have him here tonight.
Madam Chair (Committee Chair) - likely Supervisor Brisman 18:30
Nice to meet you.
Buddy Reiser 18:31
So through the end of May, I'm happy to report 130 wins, over 7,000 new or retained jobs, and $2.4 billion in new commercial investment. We've conducted over 1,000 business retention visits this year and have worked with about 287 minority-owned businesses. I'm exceptionally proud of the DED team for performing so well in a year that's been, frankly, a little bit challenging. I want to share a very cool economic diversity story with you tonight. Overview Energy, an Ashburn startup, has announced an agreement with Meta to provide up to one gigawatt capacity from solar energy systems that will collect solar energy in space and beam it to existing solar facilities on the ground using infrared beams.
Buddy Reiser 19:18
Overview Energy has also won an Air Force contract to beam space solar power to military installations. So, really just an amazing local company with a huge success story there. April is the most recent month for state and local unemployment data. In April, the unemployment rate was 3.2% for Loudoun County compared to 3.8% for Virginia and 4.4% for the U.S. So we've had a nice trend for the county there. The number of job listings in Loudoun for May, slightly down, 3,423 newly posted jobs and 12,594 total active listings. The May jobs report from the Bureau of Labor Statistics showed that nationally 172,000 jobs were added in May.

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