The $1.8 billion proposal for fiscal year 2023 calls for 92 cents per $100 of assessed value, a 3 cent decrease, and millions of dollars more for employees.
Chesterfield budget proposal would cut real estate tax rate, fund pay raises
Government
Mayor Stoney presents Richmond’s $836M general fund budget for FY23
The spending proposal would hold the line on tax rates while increasing investments in public safety, schools, libraries and other services.
The Agenda: Local government briefs for 3.7.22
Richmond considers zoning changes tied to its City Center plan, a 500-home development in Varina is up for a vote, and Chesterfield reviews its budget.
$70M renovation and addition could be the next chapter for Main Library
The portion of the Richmond Public Library built in 1928 would be demolished and replaced with a new section that includes subsurface parking.
Richmond establishes technology zone, raises BPOL tax exemption threshold
It took two and a half years, but Richmond now has a citywide technology zone. The specific benefits of that zone, however, still remain in the works. The Richmond City Council this week finally approved an amendment to the city code establishing a technology zone across the city. First proposed by Councilmember Andreas Addison in… Read more »
Henrico’s proposed budget would slash biotech property tax rate
The $1.2 billion spending plan would also reduce the real estate tax rate by 2 cents and set the stage for a $511 million bond referendum this fall.
State budget amendment would block Richmond casino vote until 2023
The City Council delayed a vote on a tax rate cut relating to a second casino referendum in light of Sen. Joe Morrissey’s efforts to make Petersburg a potential host site.
Jefferson Hotel owner to hold off on Second Baptist Church demolition
City officials said they reached a “gentleman’s agreement” with Bill Goodwin to wait three months while other options are explored.
The Agenda: Local government briefs for 2.28.22
Budget season is underway with spending plans and tax rate adjustments proposed. Public input is sought on a regional bike and pedestrian plan.
After Hours Concerts series promoter seeks stage swap in Chesterfield
A new agreement between the county and the promoter would move this year’s shows from the Chesterfield County Fairgrounds to River City Sportsplex.