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More than $11.5 million in affordable housing funding in Charlottesville’s FY27 budget
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More than $11.5 million in affordable housing funding in Charlottesville’s FY27 budget
We’re in a new fiscal year now which serves as a resource of sorts for a locality’s financial clock. Elected bodies adopt a budget in the spring that guides spending based on the amount of revenue expected to be collected. When City Manager Sam Sanders introduced a budget in early March, he proposed a two-cent increase on the real property tax rate in order to provide additional revenue to fill a revenue gap fueled in part by the ongoing impact …
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