Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Charlottesville council signals support for 1¢ tax increase, to use citywide reserve to close $228,000 gap
Summary
At a special work session the council agreed in principle to support cutting the proposed 2¢ tax increase to 1¢ and to make up an estimated $228,000 shortfall mainly from the citywide reserve and revenue adjustments ahead of next week's budget readings.
Mayor and councilors at a Charlottesville special work session on April 2 signaled support for narrowing a proposed 2¢ real-estate tax increase to 1¢ and agreed to make up an estimated $228,000 gap from the citywide reserve and revised revenue adjustments.
Staff presented the budget math: "The 2¢ tax increase was 2,400,000.0, which got us to the total budget of 279,000,000," a staff…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
