Standing Committee on Budget and Finance
Alan S. Anderson, chair
The Standing Committee on Budget and Finance met on March 23, 2010, to review the staff’s proposal for the 2010-11 operating budget. Immediately following the meeting, the proposed budget was sent to Chief Justice Leroy R. Hassell Sr. and all members of the Supreme Court for their review and approval. The proposed budget was reviewed by the Virginia State Bar Executive Committee on April 15, 2010, and recommended for approval to the VSB Council. On June 17, 2010, the council approved an operating budget for fiscal 2010-11 for the bar totaling $12,286,325. This budget reflected an increase of $229,870 over the budget for the prior fiscal year which ended on June 30, 2010. The increase was primarily due to a 3 percent bonus for bar staff, which all state employees will receive.
The committee continues to evaluate the appropriate levels of reserves for the bar, and has concluded from current long-range operating plan projections that no dues increase will be required for the next several budget cycles.
Updated: Jun 23, 2011