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Bristol council holds budget hearing, adopts 2025 real property tax rate at $0.93
Summary
After a public hearing where multiple residents described large assessment increases, the council received the city manager's FY2026 budget presentation and adopted a real property tax rate of $0.93 per $100 of assessed value by a 4–1 vote. City leaders cited landfill and debt pressures and proposed salary and scale corrections for public safety.
Bristol City Council on April 8 held a public hearing on the city’s real property tax rate and the proposed FY2026 budget, received public comments from multiple residents who said their reassessments rose sharply, and after a staff presentation voted 4–1 to set the real property tax rate at $0.93 per $100 of assessed value.
Tamara Spradlin, assistant city manager and chief financial officer, told the council the advertised rate was 0.93 cents per $100; she said the equalized rate — the rate that would produce essentially the same total revenue as the prior year after reassessment — would be $0.80. Spradlin said the public hearing was advertised per Virginia Code §58.1-3321.
Several residents used the public comment period to give examples of large assessment increases. Danny Wallace said his…
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