Council Adopts FY2022-23 Budget

​Adopted budget avoids real estate tax rate increase, continues to provide personal property tax relief.
The City of Virginia Beach has fortunately been able to maintain a strong budget position throughout the pandemic, despite the fiscal challenges it presented. Thanks to our robust economy and the careful planning of City Council and staff, the FY2022-23 budget has no increases to the solid waste fee, water service charges, sewer charges, stormwater charges, and avoids a real estate tax rate increase.

With the exception of a few fee increases for permits within the department of Planning and Community Development, the FY2022-23 budget and Capital Improvement Program (CIP) are supported through natural growth in citywide revenues. Below are some of the key elements in the upcoming budget.

REAL ESTATE AND PERSONAL PROPERTY TAXES

  • No change in the real estate tax rate. The City will absorb the full cost of the $567.5 million Flood Protection Program bond referendum approved by more than 72% of Virginia Beach voters in November 2021, with no change in the $0.99 tax rate. Of the total $0.99 tax rate, 4.1¢ will remain dedicated to the Flood Protection Program within a stand-alone fund acting as a "lock box," with the remaining 94.9¢ supporting other base operations and services.A two-story house viewed from the street with two people walking down the sidewalk.
  • The real estate surcharge for the Sandbridge Special Service District has been reduced from 4¢ to 2¢ per $100 of assessed value.
  • 25% reduction in Personal Property Taxes for vehicles.
  • Personal Property Tax relief for elderly residents (65+), and anyone found to be permanently and totally disabled, as well as for new businesses that qualify for the Business License Incentive Program will continue to be taxed at one millionth of one cent $.000001 per $100 assessed valuation. 

INDEPENDENT CITIZEN REVIEW PANEL

Includes $110,000 to support the Independent Citizen Review Panel, to act as a law-enforcement civilian oversight body, through the use of contractual services.

STORMWATER & INFRASTRUCTURE

  • A car driving through standing water on a street.$18.7 million for a Regional Stormwater Management Facility at 17th Street in the Resort Area funded through the Tourism Investment Program (TIP) Fund.
  • Continue enhanced maintenance efforts related to Lake Management and Neighborhood Rehabilitation projects through the use of $44.8 million in Federal Funding.
  • $6 million for the Centerville Turnpike Phase III project to increase capacity and improve safety for vehicles, bicyclists and pedestrians through the Centerville Turnpike corridor.
  • Secured $16.6 million in State revenue which will be allocated for the following projects: Nimmo Parkway VII-B, Pungo Ferry Landing Park Improvements, and Owl Creek Boat Ramps.
  • Nearly $5 million in programmed funding for the replacement of the Rudee Inlet Weir.

PUBLIC SAFETY

  • Implementation of the Chorus Intelligence Suite digital intelligence and crime analysis solution to improve public safety monitoring, analyzing and documenting capabilities for the Police Department.
  • Funding for Computer Aided Dispatch (CAD), Mobile CAD, Fire Records Management, Police Records Management, and all system integrations.
  • Funding for eTicketing to replace the current manual ticket process.
  • $2.8 million for an Emergency Communications & Citizen Services (ECCS) backup operations site at the Emergency Medical Services (EMS) headquarters on Virginia Beach Boulevard to ensure redundancy.
  • Funding for the design of the Correction Center Renewal and Replacement.
  • Increase of 23 full-time employees within EMS to maintain service delivery and response times.

CUSTOMER SERVICE & EDUCATIONAL OPPORTUNITIES

  • Funding for the expansion of Human Services' Pembroke Six facility at 297 Independence Blvd. to create a central location where clients are able to receive a host of services within a single building, as opposed to multiple sites throughout the City.
  • $4.6 million to further implement the City's Enterprise Customer Relationship Management (CRM) System project to include Chatbot, payment portal, and integration with other City Systems.
  • $40,000 for the Office of Performance and Accountability (OPA) to update and implement a more robust Citizen Satisfaction Survey that includes important analysis as well as geographical and population benchmarking.
  • $450,000 to continue the partnership and workforce development programs between the City and Virginia Wesleyan University to offer 70 non-credit continuing education courses on campus, at The HIVE, or online at no cost to Virginia Beach residents

ECONOMIC & TOURISM INITIATIVES

  • The VB oceanfront on a sunny day with numerous people enjoying beach activities.A robust financing plan through the TIP Fund to enhance Virginia Beach's position as a tourist destination that includes capital maintenance repairs along Atlantic Avenue, Sports Center improvements, increased parking capacity, site acquisition in the Resort Area, and investment in sports infrastructure within the City.
  • The extension of the Tourism Investment Program (TIP) Fund dedications to ensure it has adequate capacity to support the tourism and economic development initiatives within the Resort Area.
  • $300,000 for enhanced entertainment, peak season ambassadors, and block-by-block security for the Town Center grounds and plaza.
  • To support and encourage expansion of special events within the city, the Special Event Fees will be eliminated. The City will continue to provide required safety standards and support services at no charge.

The full budget document and executive summary can be found online at VBgov.com/Budget.
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