HomeMy WebLinkAbout05122026 CITY OF VIRGINIA BEACH A R
SUMMARY OF COUNCIL ACTIONS C 0
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DATE:05/12/2026 PAGE: 1 R U T N H C
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AGENDA HGE E 0 E CNS AO
ITEM# SUBJECT MOTION VOTE I S R YNNK DE N N
SPECIAL FORMAL SESSION
A. CALL TO ORDER—Mayor Robert M."Bobby"
Dyer
1. READING OF THE MAYOR'S CALL FOR
SPECIAL FORMAL SESSION
B. ROLL CALL OF CITY COUNCIL
II. FY2026-27 RESOURCE MANAGEMENT
PLAN-RECONCILED PROPOSAL
A. FY2026-27 OPERATING BUDGET ADOPTED,BY I I-u 1 1 1 1 1 1 1 1 1 1 1
CONSENT
1. Ordinance to APPROPRIATE$3,961,944,885
consisting of$724,902,416 in inter-fund
transfers,$350,466,956 for internal service
funds,and$2,886,575,513 in operations for
Fiscal Year beginning July 1,2026 and ending
June 30,2027
2. Ordinance to ESTABLISH the Tax Levy on
Real Estate for FY2027
3. Ordinance to ESTABLISH the Tax Levy on
Personal Property and Machinery and Tools
for Calendar Year 2027
4. Ordinance to AUTHORIZE the City Manager
to submit the FY2026-27 Annual Funding Plan
to the U.S.Department of Housing and Urban
Development(HUD)
5. Ordinance to AMEND City Code Sections 35-
64 and 35-67 re Exemption or Deferral of Real
Estate Taxes for elderly or disabled persons
6. Ordinance to AMEND City Code Sections 28-4
and 28-4.1 re Sewer Capital Recovery fees
7. Ordinance to AMEND City Code Section 37-7.1
re Water Capital Recovery fees
8. Ordinance to AMEND City Code Section 31-15
and 31-35 re pricing on automated refuse
receptacles and yard waste containers
9. Ordinance to AMEND the boundaries re Town
Center Special Service District(SSD)
10. Ordinance to ESTABLISH Pembroke Square
Special Service District;ESTABLISH the Tax
Levy on Real Estate;and DEDICATE real
estate tax revenue from properties within
Pembroke Square Special Service District re
public facilities and parking garages
11. Ordinance to DECLARE as SURPLUS$1-
Million of funding within the Central Business
District South Tax Increment Financing Fund
(Town Center TIF)re FY2025-26 Operating
Budget
CITY OF VIRGINIA BEACH A R
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DATE:05/12/2026 PAGE: 2 R U T N H C
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ITEM# SUBJECT MOTION VOTE I S R YNNK DE N N
12. Resolution to EXTEND the City/School
Revenue Sharing Pcoicy to June 30,2027
13. Ordinance to ADD City Code Sections 2-500
and 2-501 re Department of Emergency
Communications and Citizen Services
14. Ordinance to AMEND City Code Sections 2-7
re Office of Volunteer Resources
15. Ordinance to AMEND City Code Sections 2-
187.1 and 2-199 re Budget Amendment
Procedures
16. Ordinance to AMEND City Code Sections 21-
320 and 21-321 re parking and parking meters
17. Ordinance to AMEND City Code Section 2-83
re holidays
B. FY2026-27 CAPITAL BUDGET ADOPTED,BY I I-0 Y Y Y Y Y Y Y Y Y Y Y
CONSENT
1. Ordinance to ADOPT the FY2026-27 through
FY2031-32 Capital Improvement Program
(CIP)and APPROPRIATE$417,716,343 re
FY2026-27 Capital Budget,subject to funds
being provided from various sources set forth
herein
2. Ordinance to AUTHDRIZE the issuance of
General Obligation Public Improvement
Bonds in the maximum amount of$66,927,365
re various public facilities and general
improvements
3. Ordinance to AUTHORIZE the issuance of
General Obligation Public Improvement
Bonds in the maximum amount of$5,900,000 re
flood protection
4. Ordinance to AUTHORIZE the issuance of
Stormwater Utility System Revenue Bonds in
the maximum amount of$21,057,315
5. Ordinance to AUTHORIZE the issuance of
Water and Sewer System Revenue Bonds in
the maximum amount of$22,506,000
6. Resolution to AFFIRM the City's commitment
to fund the Locality Share of Projects and
PROVIDE Signature Authority for projects
under agreement with the Virginia Department
of Transportation(VDOT)
III. ADJOURNMENT 6:20 P.�l.