Botetourt County says finances are strong

By  | 

BOTETOURT CO., Va. (WDBJ7) As 2019 comes to a close, Botetourt County says its financial position is strong.

WDBJ7 Photo

Since 2016, the county has added more than 1,000 jobs and almost $200 million in industrial and commercial development.

Another indicator, leaders say, is the unassigned fund balance they describe as the county's savings account.

It has grown from $14 million in 2010, to almost $27 million today.

Supervisors Chairman BIlly Martin cited a recent independent audit, when he spoke with reporters Monday afternoon.

"Looking back on the last decade, I'm thrilled to see how far we've come from where we once were," Martin said. "Our financial picture looks great, and our entire community should be proud of that."

Martin will offer more details Friday morning, when he delivers his state of the county address.

Copyright 2019 WDBJ7. All rights reserved.