City Council will meet Tuesday, June 20, in a business session at 7 p.m. The session, which is open to the public, will be held in the Council Chambers on the fourth floor of the Municipal Building at 427 Patton St.
During the business session, City Council is scheduled to vote on the proposed budget for the next fiscal year, which begins July 1.
The proposed budget for the next fiscal year includes additional crime reduction initiatives, invests more money in public schools and continues projects designed to grow Danville.
In addition to costs associated with the City Council focus areas, the proposed budget maintains municipal services remain at current levels and sets aside funds for employee raises and increases in employee health insurance, employee retirement contributions and medical supplies for inmates at the City Jail.
The proposed budget includes increases in the real estate tax rate, personal property tax rate and lodging tax as follows:
- 7 cents in the real estate tax rate, from 73 cents to 80 cents per $100 in value.
- 50 cents in the personal property tax rate, from $3 to $3.50 per $100 in value.
- a one percentage-point increase in the hotel/motel lodging tax from 6 percent to 7 percent.
The increase in the real estate tax rate is the first since fiscal year 2003. The current tax rate of 73 cents is second only to Williamsburg for cities and 33 cents lower than the state average. Under the new 80-cent rate, a homeowner with a house valued at $75,000 will pay an additional $52.50 per year or $4.38 per month
City Council also is scheduled to vote on several other matters Tuesday night:
River City TV, the city’s government access channel, will air the business session. Watch it live on cable (Comcast channel 10 and Gamewood channel 122) or streaming on the River City TV Facebook page.
No work session is scheduled for Tuesday. In work sessions, Council reviews non-routine matters that will be voted upon in future business meetings.