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While Norfolk City Councilman Tommy Smigiel said the trend of city budget surpluses shows that the real estate property tax rate could be reduced, the city's budget director said it's not enough for sustained cuts and the extra revenue should be spent on one-time projects instead. ....
NORFOLK — The city has a budget surplus again — evidence one Norfolk city council member said should lead to consideration of a tax cut for residents. This time, the surplus totals $17.8 million for the fiscal 2023 budget, which ran from July 2022 to June 2023, said Budget Director Pete Buryk, at the Tuesday City Council work session. The surplus was primarily driven higher than anticipated . ....
Norfolk budget has a surplus of $17.8 million dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
Roughly 14,000 cubic yards of sand from the Hampton Roads Bridge Tunnel Expansion project is being repurposed for emergency beach replenishment in East Ocean View and East Beach according to the City of Norfolk. ....