Henrico’s Current Year Approved Budget
Henrico County’s budget process involves reviews of current County finances, local and regional economic conditions, major program changes, and wage and price levels.
Read more about our Budget Process
The budget of the County is organized on the basis of funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures, or expenses, as appropriate.The various Funds are grouped as follows:
Special Revenue Fund
Debt Service Fund
Capital Projects Fund
Read more about our Budget Basis and Fund Structure.