Henrico County Proposed Budget $1.3 Billion, With No Tax Rate Increase | Community Idea Stations

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Henrico County Proposed Budget $1.3 Billion, With No Tax Rate Increase

County Manager John Vithoulkas’ proposed 2019 fiscal budget is up 5.7 percent overall with almost $323 million in capital improvements including two new high schools.

“The replacement of J.R. Tucker High School and Highland Springs High School,” said Budget Director Justin Crawford. “The construction of multiple high schools is something this county has not done since the 1960’s.”

Most school division and government employees will see a three percent merit raise. There is more money for transportation improvements, sidewalks, sports tourism and GRTC expansion funding.

“This budget is balanced with a real estate tax rate of 100 assessed value, a rate that has not increased in over 49 years," said Crawford.

It is all possible because revenues continue to outpace spending by millions of dollars.

A public hearing on the proposed budget is set for April 9, with a final vote April 23.