A packed agenda for the City Council, a mixed-use development is proposed near Colonial Heights, and the city’s Richmond 300 master plan wins a national award.
Big ticket items are up for votes in Richmond, new plans for the former deli space at City Hall, and Chesterfield seeks input on a zoning ordinance update.
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.
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.