The City is currently implementing a comprehensive Flood Protection Program that includes the design and construction of flood mitigation projects that will have a ripple effect that safeguards homes, protects businesses, responsibly addresses stormwater issues, and combats the effects of recurrent flooding throughout Virginia Beach for generations to come. With the approval of the FY2022-23 budget, the City will absorb the full cost of the $567.5 million Flood Protection Program with no change in the current real estate tax rate.