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2024 Session

Budget Bill - HB30 (Enrolled)

Compensation Board

Item 66

Item 66

First Year - FY2025Second Year - FY2026
Financial Assistance for Local Treasurers (77400)$27,395,833$27,395,833
Financial Assistance to Local Treasurers (77401)FY2025 $12,969,591FY2026 $12,969,591
Financial Assistance for Operations of Local Treasurers (77402)FY2025 $14,053,997FY2026 $14,053,997
Financial Assistance for State Tax Services by Local Treasurers (77403)FY2025 $372,245FY2026 $372,245
Fund Sources:  
GeneralFY2025 $27,395,833FY2026 $27,395,833

Authority: Title 15.2, Chapter 16, Articles 2 and 6.1, Code of Virginia.


A.1. The annual salaries of treasurers, elected or appointed officers who hold the combined office of city treasurer and commissioner of the revenue, or elected or appointed officers who hold the combined office of county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia, shall be as hereinafter prescribed, based on the services provided, except as otherwise provided in § 15.2-1636.12, Code of Virginia.


 

July 1, 2024

July 1, 2025

December 1, 2025

 

to

to

to

 

June 30, 2025

November 30, 2025

June 30, 2026

       

Less than 10,000

$78,322

$80,672

$80,672

10,000 to 19,999

$87,029

$89,640

$89,640

20,000-39,999

$96,698

$99,599

$99,599

40,000-69,999

$107,439

$110,662

$110,662

70,000-99,999

$119,379

$122,960

$122,960

100,000-174,999

$132,638

$136,617

$136,617

175,000-249,999

$139,624

$143,813

$143,813

250,000 and above

$158,664

$163,424

$163,424


2. Provided, however, that in cities having a treasurer who neither collects nor disburses local taxes or revenue or who distributes local revenues but does not collect the same, such salaries shall be seventy-five percent of the salary prescribed above for the population range in which the city falls except that in no case shall any such treasurer, or any officer whether elected or appointed, who holds that combined office of city treasurer and commissioner of the revenue, receive an increase in salary less than the annual percentage increase provided from state funds to any other treasurer, within the same population range, who was at the maximum prescribed salary in effect for the fiscal year 1980.


3. Whenever a treasurer is such for two or more cities or for a county and city together, the aggregate population of such political subdivisions shall be the population for the purpose of arriving at the salary of such treasurer under the provisions of this Item.


B.1. Subject to appropriations by the General Assembly for this purpose, the Treasurers' Career Development Program shall be made available by the Compensation Board to appointed officers who hold the combined office of city or county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia.


2. The Compensation Board may increase the annual salary in paragraph A 1 of this Item by 9.3 percent following receipt of the treasurer's certification that the minimum requirements of the Treasurers' Career Development Program have been met, provided that such certifications are submitted by treasurers as part of their annual budget request to the Compensation Board on February 1 of each year.


C.1. Subject to appropriations by the General Assembly for this purpose, the Compensation Board shall provide for a Deputy Treasurers' Career Development Program.


2. For each deputy treasurer selected by the treasurer for participation in the Deputy Treasurers' Career Development Program, the Compensation Board shall increase the annual salary established for that position by 9.3 percent following receipt of the treasurer's certification that the minimum requirements of the Deputy Treasurers' Career Development Program have been met, and provided that such certification is submitted by the treasurer as part of the annual budget request to the Compensation Board on or before February 1 of each year for an effective date of salary increase of the following July 1st.


D. Notwithstanding the provisions of § 8.01-490, Code of Virginia, a treasurer, sheriff or other officer distraining or levying upon personal property may employ a licensed auctioneer or auction firm, as defined in § 54.1-600, Code of Virginia, to sell such property on behalf of the officer, and may transport such property to the site of an auction for such purpose, regardless of whether the site is within or outside the officer's county or city.