The proposed parking minimums repeal is aimed in part at reducing the amount of surface parking lots downtown and opening up shared parking opportunities. (BizSense file photo)
Budget hearing, parking minimums repeal on City Council agenda
The Richmond City Council meets Monday. Full agendas can be found here.
The council will hold a second public hearing on the proposed budget for fiscal year 2024. The $3 billion proposal would hold the line on current tax rates while increasing the general fund budget to nearly $949 million, a 13 percent jump from the current fiscal year budget.
A vote on the budget could be held at the council’s May 1 or May 8 meeting. Once approved, the budget would take effect July 1, the start of the fiscal year.
The 6 p.m. regular meeting agenda is a proposal to amend the zoning ordinance to eliminate parking space minimums currently required in the city. The change is recommended in the Richmond 300 plan and intended to encourage market-based parking strategies, including shared parking so that each property does not have to dedicate land to parking spaces. The Planning Commission unanimously supported the change last week.
Other business includes a plan from Harper Associates for a 140-unit townhome development on 16 acres at 6140 Hull Street Road and developer Louis Salomonsky’s plan for a 70-unit addition and renovation to the Bacon Retirement Community at 815 N. 35th St.
The council plans to continue to its May 8 meeting Flournoy Development Group’s plan to build a six-story, 250-unit apartment building at 3600 Grove Ave. The revised proposal received a thumbs-up from the Planning Commission last week.
Budget vote, tax refund, Fall Line Trail project on Henrico agenda
Henrico supervisors meet in regular session Tuesday at 7 p.m. Full agenda here.
Business includes several items that would adopt the proposed budget for fiscal year 2024. A public hearing on the budget was held earlier this month.
The proposed budget includes a general fund of $1.15 billion, up from $1.1 billion this fiscal year. It would increase spending over the current year by $91.2 million, or 8.6 percent, and would maintain the real estate tax rate that was lowered last year to 85 cents per $100 of assessed value.
Also proposed is a 2-cents-per-$100 real estate tax refund that’s aimed at helping property owners offset rising real estate values and assessments. A similar 2-cent refund was approved last year in light of a surplus in real estate tax collections.
Other business includes a resolution adopting an agreement with the Central Virginia Transportation Authority for the county to construct a 7.5-mile segment of the planned Fall Line Trail and associated roadway improvements.
The section will run from Bryan Park Avenue to Woodman Road and include trailheads, connector trails, pedestrian crossings, drainage improvements, intersection upgrades and landscaping. The estimated cost for the project is $52.6 million, to be funded with a mix of county and CVTA funds and state and federal grants.
Henrico begins operations for adult education center at Regency
A rendering of Henrico’s adult education center at Regency. (Photo courtesy Henrico County Public Schools)
Henrico County Public Schools recently started to hold programming at its new adult education center located inside the Regency.
The nearly 49,000-square-foot center is on the lower floor near the former JCPenney of the western Henrico mall. Construction is still underway on the center, with completion expected by the end of May.
The center is a relocation of the county adult education program’s Mount Vernon Complex. The new center begins operations as Regency undergoes a transformation into a mixed-use development.
Chesterfield supervisors to get update on Spring Rock Green redevelopment
A rendering of the planned Springline at District 60 mixed-use development in Chesterfield County. The development is planned to take the place of Spring Rock Green shopping center. (Courtesy of Chesterfield County)
The Chesterfield Board of Supervisors is slated to meet Wednesday. Full agenda here.
The board is scheduled to get an update on the Springline at District 60 project, which is the name of the new mixed-use development planned to replace the Spring Rock Green shopping center at the interchange of Chippenham Parkway and Midlothian Turnpike.
The mixed-use development is planned to include more than 1,000 apartments and 100-plus townhomes as well as 00,000 square feet of office space and 125,000 square feet of restaurant and retail space. Also planned is a sports venue with two NHL-sized ice rinks and a hotel.
An annual report from the Planning Commission is also on the docket for the meeting.
Goochland supervisors approve $141M budget
The Goochland Board of Supervisors voted last week to adopt the county’s fiscal year 2024 budget.
The FY24 budget totals $141.4 million, which is a nearly 14 percent increase compared to the current FY23 budget. The budget’s general fund, which is the county’s main operating fund, is $89.1 million (a nearly 20 percent increase compared to the current budget’s general fund), per a county news release.
The county opted to keep the real estate tax rate level at 53 cents per $100 of assessed value.
The budget includes a 7 percent pay increase for county employees. First responders are slated to get further salary increases on top of that, according to the county’s release.
The FY24 budget decreases the personal property tax rate to $2.99 per $100 of assessed value from $3.75 per $100 of assessed value for citizens’ vehicles eligible for tax relief.
The new budget takes effect July 1.
The proposed parking minimums repeal is aimed in part at reducing the amount of surface parking lots downtown and opening up shared parking opportunities. (BizSense file photo)
Budget hearing, parking minimums repeal on City Council agenda
The Richmond City Council meets Monday. Full agendas can be found here.
The council will hold a second public hearing on the proposed budget for fiscal year 2024. The $3 billion proposal would hold the line on current tax rates while increasing the general fund budget to nearly $949 million, a 13 percent jump from the current fiscal year budget.
A vote on the budget could be held at the council’s May 1 or May 8 meeting. Once approved, the budget would take effect July 1, the start of the fiscal year.
The 6 p.m. regular meeting agenda is a proposal to amend the zoning ordinance to eliminate parking space minimums currently required in the city. The change is recommended in the Richmond 300 plan and intended to encourage market-based parking strategies, including shared parking so that each property does not have to dedicate land to parking spaces. The Planning Commission unanimously supported the change last week.
Other business includes a plan from Harper Associates for a 140-unit townhome development on 16 acres at 6140 Hull Street Road and developer Louis Salomonsky’s plan for a 70-unit addition and renovation to the Bacon Retirement Community at 815 N. 35th St.
The council plans to continue to its May 8 meeting Flournoy Development Group’s plan to build a six-story, 250-unit apartment building at 3600 Grove Ave. The revised proposal received a thumbs-up from the Planning Commission last week.
Budget vote, tax refund, Fall Line Trail project on Henrico agenda
Henrico supervisors meet in regular session Tuesday at 7 p.m. Full agenda here.
Business includes several items that would adopt the proposed budget for fiscal year 2024. A public hearing on the budget was held earlier this month.
The proposed budget includes a general fund of $1.15 billion, up from $1.1 billion this fiscal year. It would increase spending over the current year by $91.2 million, or 8.6 percent, and would maintain the real estate tax rate that was lowered last year to 85 cents per $100 of assessed value.
Also proposed is a 2-cents-per-$100 real estate tax refund that’s aimed at helping property owners offset rising real estate values and assessments. A similar 2-cent refund was approved last year in light of a surplus in real estate tax collections.
Other business includes a resolution adopting an agreement with the Central Virginia Transportation Authority for the county to construct a 7.5-mile segment of the planned Fall Line Trail and associated roadway improvements.
The section will run from Bryan Park Avenue to Woodman Road and include trailheads, connector trails, pedestrian crossings, drainage improvements, intersection upgrades and landscaping. The estimated cost for the project is $52.6 million, to be funded with a mix of county and CVTA funds and state and federal grants.
Henrico begins operations for adult education center at Regency
A rendering of Henrico’s adult education center at Regency. (Photo courtesy Henrico County Public Schools)
Henrico County Public Schools recently started to hold programming at its new adult education center located inside the Regency.
The nearly 49,000-square-foot center is on the lower floor near the former JCPenney of the western Henrico mall. Construction is still underway on the center, with completion expected by the end of May.
The center is a relocation of the county adult education program’s Mount Vernon Complex. The new center begins operations as Regency undergoes a transformation into a mixed-use development.
Chesterfield supervisors to get update on Spring Rock Green redevelopment
A rendering of the planned Springline at District 60 mixed-use development in Chesterfield County. The development is planned to take the place of Spring Rock Green shopping center. (Courtesy of Chesterfield County)
The Chesterfield Board of Supervisors is slated to meet Wednesday. Full agenda here.
The board is scheduled to get an update on the Springline at District 60 project, which is the name of the new mixed-use development planned to replace the Spring Rock Green shopping center at the interchange of Chippenham Parkway and Midlothian Turnpike.
The mixed-use development is planned to include more than 1,000 apartments and 100-plus townhomes as well as 00,000 square feet of office space and 125,000 square feet of restaurant and retail space. Also planned is a sports venue with two NHL-sized ice rinks and a hotel.
An annual report from the Planning Commission is also on the docket for the meeting.
Goochland supervisors approve $141M budget
The Goochland Board of Supervisors voted last week to adopt the county’s fiscal year 2024 budget.
The FY24 budget totals $141.4 million, which is a nearly 14 percent increase compared to the current FY23 budget. The budget’s general fund, which is the county’s main operating fund, is $89.1 million (a nearly 20 percent increase compared to the current budget’s general fund), per a county news release.
The county opted to keep the real estate tax rate level at 53 cents per $100 of assessed value.
The budget includes a 7 percent pay increase for county employees. First responders are slated to get further salary increases on top of that, according to the county’s release.
The FY24 budget decreases the personal property tax rate to $2.99 per $100 of assessed value from $3.75 per $100 of assessed value for citizens’ vehicles eligible for tax relief.
The new budget takes effect July 1.