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Proposed city budget represents 4.5 percent increase
The Daily Progress Monday, February 26, 2018 at 2 p.m.

After the City Council earlier this month decided against advertising a real estate tax rate increase, Charlottesville budget and management officials found a way to present a balanced budget for fiscal year 2019.

On Monday, City Manager Maurice Jones released his proposed $179.3 million budget for fiscal year that begins July 1. The proposal is a 4.5 percent, or $7.6 million, increase over the current year’s budget of $171.6 million.

About four weeks ago, city staff told the council it would need to find a way to close a gap of approximately $700,000 to fund the full request from the city school division if a real estate tax rate increase were not advertised for the upcoming fiscal year.

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