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HomeMy WebLinkAbout05122026 CITY OF VIRGINIA BEACH A R SUMMARY OF COUNCIL ACTIONS C 0 K S B H S S E C U 0 - S DATE:05/12/2026 PAGE: 1 R U T N H C L M H C - R A H W U M E H G E MR U I C I DNE R MMO L L C N Y L S E I 0 UM S 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 SUMMARY OF COUNCIL ACTIONS C 0 K S B H S S E C U 0 - S DATE:05/12/2026 PAGE: 2 R U T N H C L M H C - R A H W U M E H G E MR U 1 C I D N E R M M 0 L L C N Y L S E 1 0 UM S AGENDA H GE E OE C N S A 0 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.