Subject:
Title
Request to set a public hearing for April 24, 2023 regarding the FY2023-24 real estate tax rate
Body
DATE(S) OF PRIOR COUNCIL CONSIDERATION OF THIS ISSUE: Conference session March 11, 2023
EXPLANATION AND SUMMARY:
Each year, a real estate tax rate is recommended as part of the Town Manager’s proposed budget for the coming fiscal year. This request is to set a public hearing for April 24, 2023 in order to provide for public input on the proposed real estate tax rate for fiscal year 2023-24.
Departmental Recommendation: Recommend setting a public hearing for April 24, 2023, regarding the fiscal year 2023-24 real estate tax rate.
Finance Recommendation: Recommend setting a public hearing for April 24, 2023, regarding the fiscal year 2023-24 real estate tax rate.
Purchasing Recommendation: N/A
Town Attorney Recommendation: Pursuant to the Virginia State and Town Codes, the Town Attorney recommends setting a public hearing on the proposed real estate tax rate.
Town Manager's Recommendation: I recommend the Town Council set a public hearing for April 24, 203 regarding the Fiscal Year 2023-2024 real estate tax rate, as presented.
Cost and Financing: N/A
Account Number: N/A
Prior Funding Approval: Annual General Budget (Year), Amendments, CIP Budget (Year), or ARPA. N/A
Decision Needed by This date: March 20, 2023
PROPOSED/SUGGESTED MOTION
Recommended Action
"I move to set a public hearing for April 24, 2023 regarding the FY 2023-24 real estate tax rate. I further move to direct the Town Clerk to advertise a Notice of Public Hearing. "
Or
Other action deemed necessary by Council.