County relies on $290 million in Federal dollars, including $135 million for schools.
By William Callahan
Fairfax County is staring down projected budget deficits in both Fiscal Years 2014 and 2015 and officials are waiting anxiously for Congress to make a decision on sequestration cuts that would only make those gaps worse.
In a presentation Tuesday, County Executive Ed Long told Virginia legislators the county was projected to face shortfalls of $169 million in FY2014 and $274 million in 2015.
And there’s no telling what sequestration would do to those numbers.
The county currently relies heavily on about $290 million in Federal dollars, including $135 million for Fairfax County Public Schools, $58 million in Federal grants, $38 million for the General Fund and more. . . .Click here for the rest of this story.