The URL can be used to link to this page

Home My WebLink AboutAPRIL 26, 2016 WORKSHOP and SPECIAL SESSION I I CITY OF VIRGINIA BEACH "COMMUNITY FOR A LIFETIME" CITY COUNCIL MAYOR WILLIAM D.SESSOMS,JR.,At-Large �F VICE,MAYOR LOUIS R JONES,Bayside-District 4 M.BENJAMIN DAVENPORT At Large �n ROBERT M DYER,Centerville-District I BARBARA M HENLEY Princess Anne District 7 - • SHANNON DS KANE,Rose Hall District 3 s 'a• p JOHN D.MOSS,At Large • AMELIA ROSS-HAMMOND,Kempsville-District 2oua- as JOHN E. UHRIN,Beach -District 6 ROSEMARY WILSON,At-Large JAMES L. WOOD,Lynnhaven-District 5 CITY HALL BUILDING 2401 COURTHOUSE DRIVE CITY COUNCIL APPOINTEES VIRGINIA BEACH, VIRGINIA 23456-9005 CITY MANAGER DAVID L.HANSEN PHONE:(757J 385-4303 CITY ATTORNEY-MARK D.STILES CITY COUNCIL AGENDA FAX(757)385-5669 CITY ASSESSOR JERALD D.BANAGAN CITY AUDITOR-LYNDONS.REMIAS 26 April 2016 E-MAIL:Ctycncl@vbgov.com CITY CLERK- RUTH HODGES FRASER,MMC MAYOR WILLIAM D. SESSOMS, JR. PRESIDING I. CITY MANAGER'S BRIEFING - Conference Room - 4:30 PM A. FY2016-2017 REOURCE MANAGEMENT PLAN (BUDGET) 1. QUALITY ORGANIZATION a. City Auditor Lyndon S. Remias, CPA, CIA b. City Real Estate Assessor J. D. Banagan, ASA c. Commissioner of the Revenue Philip J. Kellam d. Information Technology Matthew Arvay, Chief Information Officer e. Finance and Interim Financial Report through March Patricia Phillips, Director f. General Registrar Donna M. Patterson g. Human Resources Patricia Greer, Interim Human Resources Director h. City Attorney Mark Stiles i. Budget and Management Services/Non-Departmental Luis Asercion, Senior Management and Budget Analyst j. City Manager David L. Hansen B. VERTICAL COMPRESSION BRIEFING Regina Hilliard, Interim Deputy City Manager 04/76/16 ib CITY OF VIRGINIA BEACH "COMMUNITY FOR A LIFETIME" ie CITY COUNCIL o.4 MAYOR WILLIAM D.SESSOMS,JR.,Al-Large u VICE MAYOR LOUIS R.JONES,Bayside-District J M.BENJAMIN DAVENPORT Al Large s �_ ROBERT M.DYER,Centerville-District I - BARBARA M.HENLEY,Princess Anne District 7 SHANNON OS KANE,Rose Hall District 3 JOHN D.MOSS,At-Large AMELIA N.ROSS-HAMMOND,Kempsville-District 2 JOHN E. UHRIN,Beach—District 6 ROSEMARY WILSON,At-Large JAMES L. WOOD,Lynnhaven-District 5 CITY HALL BUILDING 2401 COURTHOUSE DRIVE CITY COUNCIL APPOINTEES VIRGINIA BEACH, VIRGINIA 23456-8005 CITY MANAGER DAVID L.HANSF.N PHONE:(757)385-4303 CITY ATTORNEY- MARK D.STILES FAX(757)385-5669 CITY ASSESSOR- JERALD D.BANAGAN E-MAIL:ctycncl@vbgov.com CITY AUDITOR- LYNDON S.REMIAS CITY CLERK- RUTH HODGES ERASER,MMC CITY COUNCIL WORKSHOP AGENDA 26 April 2016 MAYOR WILLIAM D. SESSOMS, JR. PRESIDING SPECIAL FORMAL SESSION COUNCIL CHAMBER 6:00 P.M. I. MAYOR'S READING OF CALL TO SPECIAL FORMAL SESSION II. PUBLIC HEARING A. FY2016-2017 RESOURCE MANAGEMENT PLAN (Budget) 1. Annual Assessments result in an effective tax increase based on maintaining the current tax rate \SLC' $40 L� z City of Virginia 1E3 each S ciF 0(J NAS10Ns VBgov.com WILLIAM D.SESSOMS,JR. 11 March 2016 MUNICIPAL CENTER MAYOR BUILDING 1 2401 COURTHOUSE DRIVE VIRGINIA BEACH,VA 23456-9000 (757)385-4581 FAX(757)385-5699 wsessoms@vbgov.com HONORABLE MEMBERS OF CITY COUNCIL In accordance with the Virginia Beach City Code, Section 2-21, and by the authority vested in me as Mayor of the City of Virginia Beach, I hereby call for a SPECIAL FORMAL SESSION of the VIRGINIA BEACH CITY COUNCIL: Tuesday,April 26, 2016, at 6:00 P.M. City Council Chamber 2401 Courthouse Drive The purpose of this SPECIAL FORMAL SESSION is to conduct a PUBLIC HEARING on the proposed Real Property Tax Rate caused by the increase in Annual Assessments. Sincerel ! Willia ss ms, Jr. Cc: City Manager City Attorney City Clerk City Auditor Deputy City Managers Director—Management Services MultiMedia Services Media and Communications f ➢ f NOTICE OF PROPOSED REAL PROPERTY TAX INCREASE AND PUBLIC HEARING Tax Increase Caused by Increase in Annual Assessment The City of Virginia Beach proposes to increase property tax levies. 1. Assessment Increase: Total assessed value of real property, excluding additional assessments due to new construction or improvements to property, exceeds last year's total assessed value of real property by 2.4 percent. 2. Lowered Rate Necessary to Offset Increased Assessment: The tax rate, which would levy the same amount of real estate tax as last year, when multiplied by the new total assessed value of real estate with the exclusions mentioned above, would be $0.967 per $100 of assessed value. This rate will be known as the"lowered tax rate." 3. Effective Rate Increase: The City of Virginia Beach proposes to adopt a tax rate of$0.99 per$100 of assessed value. The difference between the lowered tax rate and the proposed rate would be$0.023 per $100, or 2.4 percent. This difference will be known as the "effective tax rate increase." Individual property taxes may, however, increase at a percentage greater than or less than the above percentage. 4. Proposed Total Budget Increase: Based on the proposed real property tax rate and changes in other revenues,the total budget of the City of Virginia Beach will exceed last year's by 2.1 percent. NOTE: The FY 2016-17 Operating Budget as submitted to the City Council proposes maintaining the current real estate tax rate at$0.99 on each$100 of assessed real property. Since the effective rate increase in assessments is over 1.00%, the preceding information was provided pursuant to Code of Virginia § 58.1-3321. Public Hearing A Public Hearing on the effective rate increase will be held on Tuesday, April 26,2016 at 6:00 p.m.in the City Council Chamber on the second floor of the City Hall Building (Building #1), 2401 Courthouse Drive, Virginia Beach,Virginia.This hearing is open to the public,and all interested citizens will have an opportunity to be heard. Individuals desiring to provide written comments may do so by contacting the City Clerk's office at 385-4303. If you are physically disabled or visually impaired and need assistance at this meeting, please call 385-4303; hearing impaired, call TDD—711. Ruth Hodges Fraser, MMC City Clerk Note: 1. Heading to be at least 18-point size. 2. Advertisement to appear in the Beacon on March 27, 2016. 3. Ad size to be at least one-eighth page. 4.Ad is not to be placed in that portion of the newspaper reserved for legal notices or classified advertisement.