City budget would grow by $9.6M under $171M proposal
The Daily Progress Tuesday, February 28, 2017 at 9 p.m.
Built largely upon an expected spike in real estate tax revenue, the Charlottesville municipal budget for fiscal year 2018 is expected to increase by $9.6 million to $171,619,374. The increase reflects a nearly 6 percent increase over the current year’s budget.
In a letter addressed to the mayor and City Council and dated Feb. 27, City Manager Maurice Jones reported that “nearly all of the major economic indicators are moving in the right direction” and that there are more jobs than there have ever been in the city’s recorded history.
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