title
To amend and reordain City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.16 for the tax year beginning Jan. 1, 2026.
body
THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That section 26-355 of the Code of the City of Richmond (2020) be and hereby is amended and reordained as follows:
Sec. 26-355. Levy.
There shall be levied and collected for each year on all real estate located in the City not exempt from taxation a tax of [$1.20] $1.16 for the tax year beginning January 1, [2025] 2026, and for each year thereafter, until otherwise provided by law or ordinance, for each $100.00 of assessed evaluation thereof for general purposes.
§ 2. This ordinance shall be in force and effect as of January 1, 2026