CITY OF CHARLOTTESVILLE, VIRGINIA
                CITY COUNCIL AGENDA



Agenda Date:            March 15, 2021

Action Required:        None

Presenter:              Chip Boyles, City Manager

Staff Contacts:         Chip Boyles, City Manager
                        Ryan Davidson, Sr. Budget and Management Analyst
                        Khristina Hammill, Sr. Budget and Management Analyst

Title:                  Public Hearings
                        1. FY 2021 Real Estate Tax Rate
                        3. City Manager’s Proposed FY 2022 Budget


Background:
The Council meeting on March 15, 2021 marks the first two public hearings of the FY 2022 budget
process. The first public hearing is held for the proposed real estate tax rate and the second the FY 2022
City Manager’s Proposed Budget which will be formally held on April 5, 2021. The City Manager will
give a very quick overview of the budget prior to the public hearing.

A legal ad was published, as required, in the Daily Progress on February 12, 2021 for the real estate tax
levy and one will be posted no later than March 28, 2021 for the formal public hearing on the proposed
budget which will be held on April 5, 2021.

Discussion:
The Real Estate Tax rate was published at $.95/$100 assessed value and the FY 2022 proposed budget
is balanced with the revenue that the rate would generate.

The total General Fund Budget for FY 2022 is proposed to be $190,689,839, a 0.3% increase over FY
2021. The proposed budget also includes a $27.9 million Capital Improvement Program budget in FY
2022.

Community Engagement:
There are several remaining opportunities for the community to provide input into the budget. In
addition, a few minutes are reserved at the end of each Budget Worksession for public comment and
input:
Alignment with City Council’s Vision and Strategic Plan:
This proposed budget aligns with Council’s Vision and FY 2018 – 2020 Strategic Plan that has been
extended to FY 2022 and is detailed in the budget document.

Budgetary Impact:
N/A

Recommendation:
N/A

Alternatives:
N/A

Attachments:
The proposed budget document and materials for the budget worksessions are posted at
www.charlottesville.gov/budget.