King William, like other localities, has a policy of maintaining a fund balance of at least 20% of its general fund expenditures to avoid economic downturns and unforeseen events. But the county currently doesn’t know how much it has.
KING WILLIAM — Financial experts have raised concerns over King William County’s finances amid confusion about how much money is left following its budget for fiscal year 2026.
King William, like many other local authorities in Virginia, has a policy… [5192 chars]
Source: Norfolk Virginian-Pilot | Published: 2025-11-03T21:36:51Z
Credit: Norfolk Virginian-Pilot
