On Tuesday, May 27, 2025, at 6:30 p.m., Salem City Council will
hold a public hearing in Council Room, City Hall, located at 114
North Broad Street, Salem, Virginia for the purpose of receiving
public input on the 2025-2026 budget.
All persons shall be offered an opportunity to speak and state their
views concerning all aspects of the budget within such reasonable
time limits as shall be established by City Council. Persons desiring
to speak may be asked to register at the meeting. Written comments
of interested citizens will be received by the City Clerk prior to the
hearing.
A summary copy of the budget may be viewed on the City of Salem
website: https://www.salemva.gov/214/Annual-Budgets
The recommended budget is summarized as follows:
CITY OF SALEM, VIRGINIA
Recommended Budget
for Fiscal Year 2025-2026
On Tuesday, May 27, 2025, at 6:30 p.m., Salem City Council will hold a public hearing in Council Room, City Hall,
located at 114 North Broad Street, Salem, Virginia for the purpose of receiving public input on the 2025-2026 budget.
All persons shall be offered an opportunity to speak and state their views concerning all aspects of the budget
within such reasonable time limits as shall be established by City Council. Persons desiring to speak may be
asked to register at the meeting. Written comments of interested citizens will be received by the City Clerk
A summary copy of the budget may be viewed on the City of Salem website:
https://www.salemva.gov/214/Annual-Budgets
The recommended budget is summarized as follows:
Recommended Budget
for Fiscal Year 2025-2026
RECOMMENDED
BUDGET 2025-2026
1,990,007 $
55,392,153
29,741,800
368,940
120,000
Revenue from Use of Money & Property 6,397,291
3,954,147
3,314,000
527,000
Revenue from the Commonwealth 17,529,537
Revenue from the Federal Government 10,998
54,000
119,399,873
5,518,498
Electric 53,755,770
11,894,544
7,916,888
6,028,360
1,108,628
State Revenue, excluding Sales Tax 30,079,820
4,565,979
3,614,257
24,213,041
686,396
63,159,493
268,782,054
(32,506,111)
236,275,943 $
CITY OF SALEM,VIRGINIA
CITY OF SALEM, VIRGINIA
On Tuesday, May 27, 2025, at 6:30 p.m., Salem City Council will hold a public hearing in Council Room, City Hall,
located at 114 North Broad Street, Salem, Virginia for the purpose of receiving public input on the 2025-2026 budget.
All persons shall be offered an opportunity to speak and state their views concerning all aspects of the budget
within such reasonable time limits as shall be established by City Council. Persons desiring to speak may be
asked to register at the meeting. Written comments of interested citizens will be received by the City Clerk
prior to the hearing.
A summary copy of the budget may be viewed on the City of Salem website:
https://www.salemva.gov/214/Annual-Budgets
The recommended budget is summarized as follows:
Recommended Budget
for Fiscal Year 2025-2026
REVENUES
General Fund
Beginning Balance – July 1
General Property Taxes
Other Local Taxes
Permits and Licenses
Fines and Forfeitures
Revenue from Use of Money & Property
Charges for Services
Payment in Lieu of Taxes
Miscellaneous
Revenue from the Commonwealth
Revenue from the Federal Government
Proceeds from Indebtedness
Total General Fund
Debt Service
Electric 53,755,770
Water
Sewer
Civic Center
Salem Catering and Concessions
School Component Unit
State Revenue, excluding Sales Tax
Sales Tax
Federal Revenue
Local Revenue
Other Revenue
Total School Component Unit
Total Revenues All Funds
Less Fund Transfers
Total Net of Transfers
CITY OF SALEM,VIRGINIA
EXPENDITURES
General Fund
14,823,204
3,476,386
25,636,433
16,434,351
10,042,575
26,948,396
8,833,786
4,435,912
4,110,184
3,307,957
1,350,689
119,399,873
5,518,498
Electric 53,755,770
11,894,544
7,916,888
6,028,360
1,108,628
63,159,493
268,782,054
(32,506,111)
236,275,943 $
Electric 53,755,770
Water
Sewer
Civic Center
Salem Catering and Concessions
School Component Unit
Total Expenditures All Funds
Less Fund Transfers
Total Net of Transfers
