Tag: Varina

headshot photo of Tyrone E. Nelson

Supervisor Tyrone Nelson

Varina District

Henrico, HCPS, Capital Trees partner to enhance county tree canopies

Tree P Final

Reforestation program will initially focus on Deep Run and Cheswick parks plus a middle school and high school in eastern Henrico

Henrico County is partnering with Henrico County Public Schools (HCPS) and the nonprofit organization Capital Trees on a program to expand and strengthen tree canopies at the county’s parks and schools.

Continue reading Henrico, HCPS, Capital Trees partner to enhance county tree canopies

Henrico rolls out more details of proposed budget for fiscal 2023-24

Budget Pc 3

Highlights include personal property tax rate cut, funding for ’22 bond projects, incentives for hotel development, raises for county and HCPS employees

Update: The Board of Supervisors on April 25 voted unanimously to approve Henrico County's proposed budget for fiscal 2023-24.

Henrico County is outlining more details of its proposed budget for fiscal 2023-24, two weeks after announcing plans to include its second real estate tax credit in two years to help homeowners manage the impacts of rising property values.

Continue reading Henrico rolls out more details of proposed budget for fiscal 2023-24

Henrico proposes real estate tax credit for 2nd consecutive year

Tax Rebate Jv

Homeowners would receive amount equal to 2 cents per $100 of home’s assessed value

For the second consecutive year, Henrico County is proposing to give the owners of residential and business properties a credit on their real estate taxes to help offset rising values.

Property owners would receive an amount equal to 2 cents per $100 of their real estate’s taxable value for 2023. For example, a single-family home with the median assessed value of $367,000 would generate a credit of $73.40. ($367,000/100 x .02=$73.40) 

Continue reading Henrico proposes real estate tax credit for 2nd consecutive year

GreenCity partners with ASM Global for development and operation of proposed Henrico County arena

Greencity Asm Global

Proposed arena design and operating features would establish it as the ‘greenest’ arena in America.

GreenCity Partners and ASM Global announced today they have entered into an agreement for the development and operation of the proposed 17,000-seat GreenCity Arena in Henrico County. The venue will be designed for touring concerts, family shows, sports and tournaments, and will be a central feature of the $2.3 billion development.

Continue reading GreenCity partners with ASM Global for development and operation of proposed Henrico County arena

Henrico proposes personal property tax relief to offset rising vehicle values

Tax Relief Horizontal Slide 2b

Plan would give a credit based on a 52-cent rate cut, make 1st payments due Aug. 5

The Henrico County Board of Supervisors will consider a personal property tax relief proposal that would give residents an additional 60 days to make their first payments and provide a credit on year-end bills to offset higher-than-expected vehicle values. With the credits, the county would provide an effective 52-cent reduction to the personal property tax rate for 2022, based on current estimates.

Continue reading Henrico proposes personal property tax relief to offset rising vehicle values

Henrico approves $1.5 billion proposed budget for fiscal 2022-23

High Five

UPDATE: At its April 12 regular meeting, the Board of Supervisors voted to adopt the budget for fiscal year 2022-23. The spending plan will take effect July 1.

Highlights include 2-cent cut to real estate rate, more tax relief through REAP, 117 positions for public safety, education, $20 million to jumpstart bond projects

Continue reading Henrico approves $1.5 billion proposed budget for fiscal 2022-23

Henrico approves ordinance to offer first-ever real estate tax credit

Slide21

UPDATE, Feb. 22, 2022: At its regular meeting tonight, the Board of Supervisors approved the ordinance giving county property owners a one-time credit on their real estate taxes. With the measure, Henrico becomes the first locality in Virginia to refund real estate taxes to property owners.

Board of Supervisors also will consider 2-cent rate reduction with FY23 budget

The Henrico County Board of Supervisors on Tuesday welcomed a proposal that would give property owners a one-time credit on their real estate taxes.

Continue reading Henrico approves ordinance to offer first-ever real estate tax credit
 
Google Translate Icon

Translate