Albemarle Logo
File #: 24-232    Version: 1 Name:
Type: Resolution Status: Action Items
File created: 3/29/2024 In control: Board of Supervisors
On agenda: 5/1/2024 Final action:
Title: Adoption of Calendar Year 2024 Tax Rates, Fiscal Year (FY) 25 Budget, FY 25 Pay Scales, Borrowing Resolution, FY 25-29 Capital Improvements Plan (CIP), and Appropriation of the FY 25 Budget
Attachments: 1. Att.A - Resolution to Set CY 24 Tax Rates, 2. Att.B - Transient Occupancy Tax Ordinance, 3. Att.C - Resolution to Adopt the FY 25 Budget, 4. UPDATED Att. C - Resolution to Adopt the FY 25 Budget.pdf, 5. Att.D - Salary Scale Resolution, 6. Att.E - Resolution to Appropriate the FY 25 Budget, 7. UPDATED Att. E - Resolution to Appropriate the FY 25 Budget.pdf, 8. Att.F - Borrowing Resolution, 9. Att.G - Resolution to Adopt FY 25-29 CIP
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.
AGENDA DATE: 5/1/2024

TITLE:
Title
Adoption of Calendar Year 2024 Tax Rates, Fiscal Year (FY) 25 Budget, FY 25 Pay Scales, Borrowing Resolution, FY 25-29 Capital Improvements Plan (CIP), and Appropriation of the FY 25 Budget
BODY

SUBJECT/PROPOSAL/REQUEST: Request adoption of Calendar Year 2024 tax rates, Fiscal Year (FY) 25 Budget, FY 25 pay scales, borrowing resolution, FY 25-29 Capital Improvements Plan (CIP), and appropriation of the FY 25 Budget

ITEM TYPE: Regular Action Item

STAFF CONTACT(S): Richardson, Rosenberg, Sumner, Bowman, Davidson, Vinzant, Mitchell, Unsworth, Rice

PRESENTER (S): Andy Bowman

LEGAL REVIEW: Yes

REVIEWED BY: Jeffrey B. Richardson

BACKGROUND: At the May 1, 2024 Board meeting, staff will ask the Board to consider the following items:

1) Adoption of the Resolution to Set Calendar Year 2024 Tax Rates: The Board held public hearings on the proposed 2024 calendar year real estate and personal property tax rates on April 24, 2024. The 2024 calendar year real estate and personal property tax rates are for the year beginning January 1, 2024 and ending December 31, 2024.

2) Adoption of an Ordinance to Increase the Transient Occupancy Tax Rate: The Board held a public hearing on a proposed increase to the transient occupancy tax rate on April 24, 2024.

3) Adoption of the FY 25 Operating and Capital Budget: The Board held a public hearing on the Fiscal Year 2025 (FY 25) Proposed Budget on April 17, 2024. The budget presented for adoption includes the Board's FY 25 Proposed Budget plus technical adjustments recommended by the County Executive and Board of Supervisors amendments and is for the fiscal year beginning July 1, 2024 and ending June 30, 2025.

4) Adoption of the Resolution to Set FY 25 Pay Scales: County Government maintains a Classified Employee pay scale and separate Public Safety pay scales for the Police Department, Sheriff's Office, and Department of Fire Rescue.

5) Adoption of the Annual Resolution of Approp...

Click here for full text