News Flash Home
The original item was published from 4/13/2021 7:11:28 PM to 7/1/2021 12:00:07 AM.

News Flash

* City News Alerts *

Posted on: April 13, 2021

[ARCHIVED] Charlottesville City Council Approves FY 2022 Budget and 2021 Tax Rates

Charlottesville

FOR IMMEDIATE RELEASE
April 13, 2021

Funding plan supports key initiatives for affordable housing, racial equity, education, workforce development, and economic development


CHARLOTTESVILLE, VA -At a special meeting held today, Charlottesville City Council approved the FY 2022 General Fund Budget, Capital Improvement Program, and set the 2021 Tax Rates.

The total General Fund Budget of $192,212,843 represents a 0.53 percent increase from the FY 2021 budget. The five-year Capital Improvement Program includes $27,611,913 in investments for the next fiscal year.

Key facts about the City’s FY22 Budget

  • This budget keeps the City’s Real Estate Tax rate at 95 cents per 100 dollars of assessed value. The revenue increase for real estate, based on the current rate of 95 cents per 100 dollars assessed value, is $1.9 million in new revenue over FY 2021.
  • This budget keeps the meals tax rate at 6 percent and the lodging tax rate at 8 percent.
  • Employees receive a 2 percent cost of living adjustment ($1,060,000) and the living wage will remain at $15.00 per hour.
  • The budget supports Strategic Plan priorities that include the following:

Affordable Housing

  • This budget includes $6.5M in FY 2022, and over $38.5M in the five year capital program for several affordable housing initiatives, including redevelopment of public housing sites, housing rehabilitation, supplemental rental assistance and Friendship Court redevelopment.
  • $965,000 in funding is budgeted for the Charlottesville Housing Affordability Program (CHAP) that will provide relief for households with income $55,000 or less and an assessed value of $375,000 or less.
  • $423,488 in additional funding has been added for Tax Relief for Elderly and Disabled programs.

Racial Equity, Diversity, Inclusion

  • Provides funding in FY 2022 for the City’s first Deputy City Manager for Racial Equity, Diversity, Inclusion who will oversee a portfolio that includes the Human Services and Social Services Departments, as well as the staff of the Police Civilian Review Board and the Office of Human Rights.

Workforce Development and Economic Development

  • The FY 2022 Budget continues to invest in the various programs that support both of these priorities, including the Downtown Job Center, Growing Opportunities (GO) workforce development programs, and work done by staff to encourage entrepreneurship, maintain healthy businesses and assist with pandemic recovery.

City Schools

  • This budget continues a very strong commitment to the City Schools.  At the School Board’s request, no new dollars are being allocated for operations. Any operational increases are being offset by one-time use of Federal CARES funds, which have been received directly by Charlottesville City Schools.
  • In addition, the FY 2022 -2026 5 Year CIP Plan includes $50 million in FY 2025 as a placeholder for funding the school reconfiguration project. City Council and the Charlottesville City School Board will be working together to finalize the scope and plans for the project.

Outside and Nonprofit Agencies

  • The Vibrant Community Fund process adopted six broad funding priority areas: Education and Youth; Jobs and Wages; Community and Public Safety; Affordable Housing; Equity; and Health. Outside and Nonprofit Agencies will receive $2,413,673 in funding in FY 2022.

The City’s budget can be accessed online on the City’s website at www.charlottesville.gov/budget.

Media Contact
Brian Wheeler
Director of Communications
City of Charlottesville
434-970-3129
wheelerb@charlottesville.gov

Facebook Twitter Email

Other News in * City News Alerts *

Leaf Collection Announcement 23-24

Leaf Collection has Begun

Posted on: November 1, 2023
City Seal Color

Call for Applications!

Posted on: November 1, 2023
Rivanna Waste logo

DRINKING WATER UPDATE

Posted on: September 12, 2023
Charlottesville Parks and Recreation

Tree Planting Planned for November

Posted on: September 1, 2023
Rivanna Waste logo

FREE LOCAL MULCH AT THE IVY MUC

Posted on: August 29, 2023
Logo for Charlottesville Acting on Climate Together

2023 Climate Action Work Plan Posted

Posted on: July 26, 2023
tax time

Taxes Due Monday, June 5, 2023

Posted on: May 30, 2023
Green City Logo

Charlottesville DMV Select Services

Posted on: January 4, 2023