Budget and Finance

Marni E. Byrum, Chair

The Standing Committee on Budget and Finance met on April 27, 2017, to review and approve the staff’s proposal for the FY 2018 operating budget.  The budget was reviewed and approved by the Executive Committee on June 14, 2017.   On June 15, 2017, Bar Council considered, and unanimously passed, an operating budget of $14.9 million for FY 2018. Chief Justice Lemons communicated the Court’s preliminary approval of the budget as submitted on June 9, 2017, to Karen Gould, Executive Director and Chief Operating Officer.       

The budget reflects a decrease of approximately $10,000 over the budget for the prior fiscal year which ended on June 30, 2017.  The budget includes a 3% performance pay increase for VSB employees effective July 10, 2017, as authorized by the General Assembly.  The pay increase is for all salaried positions as of April 10, 2017, and subject to performance criteria.

The Committee continues to evaluate the appropriate levels of reserves and dues for the Bar.  

Updated: Jul 10, 2017