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The Agenda: Local government briefs for 7.12.21
BizSense file)
Proposed technology zone would include city BPOL tax exemptions
The Richmond City Council’s Finance and Economic Development Standing Committee will consider a proposed technology zone for the city at its 1 p.m. meeting Thursday.
Requested by Councilmembers Andreas Addison and Ann-Frances Lambert, the zone is aimed at fostering development and location of tech businesses in the city by exempting qualified businesses from paying the city’s Business, Professional and Occupational License tax for up to five years. The zone would cover the whole city and mirror a similar zone adopted in Norfolk.
The Agenda: Local government briefs for 4.19.21
April 19, 2021
Oasis Park would consist of 400 townhouses and a 175-unit assisted living facility near Cosby High School in Chesterfield County. (
Courtesy of Chesterfield County)
575-unit development, Route 1 overlay extension on Chesterfield planning agenda
The Chesterfield County Planning Commission meets April 20. Full agenda here.
On deck is a rezoning application proposed by Oasis Park LLC for about 60 acres along Cosby Road, Millwood School Lane and Village Square Parkway in the Matoaca District, which is near Cosby High School. The rezoning would pave the way for a 575-unit development called Oasis Park that would consist of 400 townhouses and a 175-unit assisted living facility.
The Agenda: Local government briefs for 4.12.21
Chesterfield approves FY22 budget with BPOL tax exemption increase
Chesterfield supervisors adopted the county’s budget for fiscal year 2022 at their meeting last week.
The budget features an $807 million general fund and level tax rates. It provides $344.7 million in local money for the school district, as well as $226.8 million for the capital improvement program. The budget totals $1.6 billion across all funds.
With the budget’s adoption, the county’s business and occupation license (BPOL) tax exemption threshold increases from $300,000 to $400,000 effective July 1.
The budget also sets the stage for a November 2022 bond referendum, which includes approximately $300 million for expansion and renovation to middle schools, as well as $150 million to renovate and build new county facilities.
The Agenda: Local government briefs for 3.15.21
Chesterfield budget proposal includes increased BPOL threshold
Chesterfield County Administrator Joe Casey presented his proposal for the county’s fiscal year 2022 budget last week.
The $806.8 million general fund features $344.7 million in local funding to the school district, as well as $226.8 million in capital improvements that include $19 million for sidewalk upgrades. The proposed general fund for FY22 is an increase of $84.9 million (11.7 percent) compared to the adopted FY21 budget.
The budget would increase the collection threshold for the business and occupation license (BPOL) tax, upping it to $400,000 from $300,000 effective July 1. In doing so, more than 6,400 small- and medium-sized businesses would be exempt from the tax, according to the county.