The 2014-2015 operating budget for the Town of Farmville is $16,775,193.51.
This budget accounts for all the services the Town provides to its citizens and includes the General Fund, Water and Sewer Fund, Transportation Fund, Golf Course Fund, Street Maintenance Fund and Airport.
The General Fund pays for all the Town services except those provided by the Water & Sewer System,the Recreation and Golf Course Funds.
This budget is based upon the property tax of $.12 per $100 of assessed valuation and a business personal property tax of $1.50 per $100 of assessed valuation. These general property taxes represent approximately 4.86% of all revenue received. The remaining 95.14% are comprised of a mixture of state-shared revenues, street maintenance, water & sewer system, transportation fund, airport fund, cigarette tax and golf.