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The Agenda: Local government briefs for 3.15.21

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. ....

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The Agenda: Local government briefs for 3.8.21 - Richmond BizSense

The Agenda: Local government briefs for 3.8.21
BizSense file)
Mayor proposes $770M budget for FY22
Mayor Levar Stoney presented his administration’s proposed FY22 budget to the Richmond City Council on Friday. The $770.3 million budget is balanced despite municipal revenues projected to be nearly $18.5 million less than revenues in last fiscal year’s proposal.
The proposed budget contains no increases in real estate, personal property or other general taxes. It does include a proposed utility rate increase of $5.27 a month for the average customer. The increase would fund more than $3 million in infrastructure improvements to address flooding in Southside and other parts of the city. ....

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