Isn May 1 a bit late to inform local governments of the amount of state funds they will be receiving from the Compensation Board?
Yes, but we are unable to actually approve a budget for them until after the General Assembly meets in the Reconvened Session (the “Veto” Session) in mid to late April. In order to assist local governments and Constitutional Officers with budget planning, we provide Budget Estimates two weeks after the General Assembly adjourns from regular session. Estimates are available each year in mid to late March.