Agenda Roanoke: City council and school board to receive briefing from financial adviser on addressing 'generational capital projects'

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Agenda Roanoke: City council and school board to receive briefing from financial adviser on addressing 'generational capital projects'

It’s no secret by now that this year’s budget will be tight for the city of Roanoke. On Monday morning, Davenport & Company, the city’s independent financial advisor, will outline some strategies and considerations for the city council in the coming year, at a joint meeting between the city council and the school board.One “consideration” the company lists is that the city allocates 40% of its local tax revenue to Roanoke City Public Schools. Th…