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Albemarle Budget Review: A review of housing funds, dedicated tax funds

Summary by Information Charlottesville
The public hearing on Albemarle County’s proposed budget for fiscal year 2026 is not for another three weeks on April 23 so there is plenty of time to go through it. One of the main stories in County Executive Jeffrey Richardson’s proposed  $642,386,163 is that it is based on a four cent increase on Albemarle County’s real property tax rate. Eighty percent of that revenue will go to public safety purposes and at the March 10 work session, Albema…
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Information CharlottesvilleInformation Charlottesville

Albemarle Budget Review: A review of housing funds, dedicated tax funds

The public hearing on Albemarle County’s proposed budget for fiscal year 2026 is not for another three weeks on April 23 so there is plenty of time to go through it. One of the main stories in County Executive Jeffrey Richardson’s proposed  $642,386,163 is that it is based on a four cent increase on Albemarle County’s real property tax rate. Eighty percent of that revenue will go to public safety purposes and at the March 10 work session, Albema…

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Information Charlottesville broke the news in on Wednesday, April 2, 2025.
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