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Council opens public hearing on proposed 2-cent real property tax increase
Charlottesville City Council · March 16, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
City staff advertised a proposed increase of the real estate tax rate from $0.98 to $1.00 per $100 of assessed value, estimated to raise nearly $2.5 million in FY27; council opened the public hearing and reminded residents a formally noticed hearing will be held April 6.
City staff opened a public hearing on March 16 to solicit input on a proposed 2-cent increase in the real property tax rate that is part of the FY27 budget process.
"We have advertised only the two cents," explained city finance staff during the presentation, referring to the legal…
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