Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: City Council Agenda status: Final
Meeting date/time: 10/28/2024 6:00 PM Minutes status: Draft  
Meeting location: Council Chamber, 2nd Floor - City Hall
THIS MEETING HAS BEEN CANCELLED.
Published agenda: Agenda Agenda Published minutes: Not available Meeting Extra1: Not available  
Meeting video: eComment: Not available  
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ORD. 2024-187 11. OrdinanceTo amend City Code §§ 26-871, concerning the establishment of annual license taxes, and 26-873, concerning exemptions to license taxes, to increase the threshold for business, professional and occupational license taxes from $250,000.00 to $500,000.00.   Not available Not available
ORD. 2024-222 12. OrdinanceTo 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, 2025, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.136 as computed in accordance with Va. Code § 58.1-3321(a).   Not available Not available
ORD. 2024-223 13. OrdinanceTo amend and reordain City Code § 26-355, concerning the levy of tax on real estate, to establish a tax rate of $1.20 for the tax year beginning Jan. 1, 2025, pursuant to Va. Code § 58.1-3321(b), and increasing such rate from the Rolled Back Tax Rate of $1.136 as computed in accordance with Va. Code § 58.1-3321(a).   Not available Not available
ORD. 2024-272 14. OrdinanceTo amend ch. 16, art. I, of the City Code by adding therein a new section 16-3, concerning a gap grant program for income-based housing grants.   Not available Not available
ORD. 2024-273 15. OrdinanceTo amend City Code §§ 26-364, concerning tax relief for elderly persons and evaluation of the exemption or freeze program, and 26-365, concerning tax relief for qualified permanently and totally disabled persons and evaluation of the exemption or freeze program, for the purpose of increasing certain income and financial net worth requirements and calculated benefit of the Older Adults and Persons with Disabilities Real Estate Tax Freeze Program.   Not available Not available
ORD. 2024-274 16. OrdinanceTo amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 General Fund Budget and made appropriations pursuant thereto, by increasing estimated revenues from real estate taxes by $12,000,000.00 and appropriating the increased revenues to new line items within the “Non Departmental & Central Appropriations” budget and various departments.   Not available Not available
ORD. 2024-275 17. OrdinanceTo create a new reservation of fund balance called the 2024 Real Estate Tax Relief Reserve, intended to be categorized as an assigned fund balance and used to return surplus real property tax revenues to taxpayers through a one-time, four-cent rebate.   Not available Not available
ORD. 2024-276 18. OrdinanceTo return surplus real estate tax revenues to taxpayers pursuant to Va. Code § 15.2-2511.1.   Not available Not available
ORD. 2024-277 19. OrdinanceTo amend Ord. No. 2024-099, adopted May 13, 2024, which adopted the Fiscal Year 2024-2025 General Fund Budget and made appropriations pursuant thereto, to (i) re-appropriate up to $16,000,000.00 of the Fiscal Year 2023-2024 fund balance excess assigned to the 2024 Real Estate Tax Relief Reserve established by Ord. No. 2024-275, adopted November 12, 2024, (ii) create a new line item entitled “Real Estate Tax Relief - Department of Finance” in the Central Appropriations budget, and (iii) appropriate up to such $16,000,000.00 to such new line item in the Central Appropriations budget for the purpose of returning surplus real property tax revenue to real estate taxpayers in the city of Richmond pursuant to Va. Code § 15.2-2511.1 through a one-time, four-cent rebate.   Not available Not available