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Newport News presents $1.267 billion FY2027 recommended budget; public hearing continued to April 16
Summary
City officials presented a $1.267 billion recommended operating budget that proposes no real estate or personal property tax increases, increases school funding by $3 million and budgets market and step adjustments for public safety and city employees; council continued the public hearing to April 16.
Lisa, the city's budget presenter, summarized the city manager's FY2027 recommended operating budget and said the proposal would not include a real estate or personal property tax increase. "We were looking forward to not having a real estate tax increase nor other, rate, tax rate increases," she told council.
The presenter described a $1.267 billion total operating budget and said the general fund portion would be about $679 million. The proposal includes targeted compensation moves: market adjustments and a one-step increase for sworn…
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