City Council - Formal Session

CITY OF VIRGINIA BEACH “COMMUNITY FOR A LIFETIME” CITY COUNCIL MAYOR ROBERT M. "BOBBY" DYER - Mayor ROSEMARY C. WILSON - Vice Mayor District 5 MICHAEL F. BERLUCCHI - District 3 BARBARA M. HENLEY - District 2 DAVID HUTCHESON - District 1 ROBERT W. "WORTH" REMICK - District 6 DR. AMELIA N. ROSS-HAMMOND - District 4 JENNIFER ROUSE - District 10 JOASHUA F. "JOASH" SCHULMAN - District 9 CHRIS TAYLOR - District 8 SABRINA D. WOOTEN - District 7 CITY HALL BUILDING CITY COUNCIL AGENDA 2401 COURTHOUSE DRIVE CITY COUNCIL APPOINTEES VIRGINIA BEACH, VIRGINIA 23456-9005 CITY MANAGER – PATRICK A. DUHANEY PHONE: (757)-385-4303 CITY ATTORNEY – MARK D. STILES May 14, 2024 FAX (757) 385-5669 CITY ASSESSOR – SUE CUNNINGHAM CITY AUDITOR – LYNDON S. REMIAS EMAIL: CITYCOUNCIL@vbgov.com CITY CLERK – AMANDA BARNES MAYOR ROBERT M. "BOBBY" DYER PRESIDING I. SPECIAL FORMAL SESSION -CITY COUNCIL CHAMBER - 6:00 PM A. CALL TO ORDER - READING OF THE MAYOR'S CALL FOR SPECIAL SESSION 1. READING OF THE MAYOR’S CALL FOR SPECIAL SESSION II. FY2024-25 RESOURCE MANAGEMENT PLAN A. RECONCILED PROPOSAL a. FY2024-25 OPERATING BUDGET Ordinance to APPROPRIATE $3,616,233,616 consisting of $678,967,053 in inter-fund transfers, $297,883,829 for internal service funds, and $2,639,382,734 in operations for Fiscal Year beginning July 1, 2024 and ending June 30, 2025 Ordinance to ESTABLISH the Tax Levy on Real Estate for FY2025 Ordinance to ESTABLISH the Tax Levy on Personal Property and Machinery and Tools for Calendar Year 2025 Ordinance to AUTHORIZE the City Manager to submit the FY2024-25 Annual Funding Plan to the U.S. Department of Housing and Urban Development (HUD) Ordinance to AMEND City Code Sections 35-64 and 35-67 re Exemption or Deferral of Real Estate Taxes for elderly or disabled persons Ordinance to AMEND City Code Section 31-39 for Waste Collection Fee re increase the waste collection fee for such services commencing July 1, 2024 Ordinance to AMEND City Code Section 35.3-12 re extend the Sunset date to July 1, 2037 for Gills Cove Area Dredging Special Service District Ordinance to AMEND City Code Sections 35-6, 35-6.1, 35-9, and 35-37 re date penalties and interest are imposed upon delinquent Real Estate and Personal Property Tax bills and/or installments  Ordinance to AMEND City Code Section 35-182 re change the dedication for the Tourism Investment Program (TIP) Fund and DEDICATE a portion of the Amusement Tax to funding for the Arts and Culture b. FY2024-25 CAPITAL BUDGET Ordinance to ADOPT the FY2024-25 through FY2029-30 Capital Improvement Program (CIP) and APPROPRIATE $418,531,838 re FY2024-25 Capital Budget, subject to funds being provided from various sources set forth herein Ordinance to AUTHORIZE the issuance of General Obligation Public Improvement Bonds in the maximum amount of $71,116,108 re various public facilities and general improvements Ordinance to AUTHORIZE the issuance of Stormwater Utility System Revenue Bonds in the maximum amount of $6,982,612 Ordinance to AUTHORIZE the issuance of Water and Sewer System Revenue Bonds in the maximum amount of $28,746,000 Resolution to AFFIRM the City’s commitment to fund the Locality Share of Projects and PROVIDE Signature Authority for projects under agreement with the Virginia Department of Transportation (VDOT) Ordinance to EXTEND the Sunset date to June 30, 2025 provided in Ordinance #3625 re allow the completion of the City’s Second Disparity Study III. ADJOURNMENT ******************************** If you are physically disabled or visually impaired and need assistance at this meeting, please call the CITY CLERK'S OFFICE at 385-4303 ***************************