Charlottesville City Council Adopts FY27 Budget with 1-Cent Real Estate Tax Increase
- Meeting Overview:
Overview: The Charlottesville City Council approved the FY27 city budget, which includes a 1-cent increase in the real estate tax rate, bringing it from 98 cents to 99 cents per $100 of assessed value. This decision followed a challenging budget development cycle that began with a budget gap, which city staff worked diligently to close.
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Juandiego Wade
City Council Officials:
Brian Pinkston, Natalie Oschrin, Michael Payne, Lloyd Snook
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Meeting Type:
City Council
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Committee:
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Meeting Date:
04/09/2026
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Recording Published:
04/09/2026
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Duration:
16 Minutes
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Notability Score:
Routine
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State:
Virginia
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County:
Albemarle County
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Towns:
Charlottesville
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