Albemarle Supervisors presented with five-year financial plan

The budget development process in a complex community is a never-ending process with defined steps along the way.

Albemarle Supervisors adopted one for FY26 in early May and three months later the elected officials were presented with a progress report on the county’s strategic plan. At that same meeting they endorsed a calendar for the FY27 process which included an economic overlook in October.

But the annual presentation of the five-year financial plan is the moment when Supervisors begin to confront the bigger pictures. Andy Bowman, Albemarle’s Assistant Chief Financial Officer, said long-range planning is different from annual budgeting…

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