Alexandria’s City Council will approve its fiscal year 2025 budget in a little more than a week, and important actions will be taken between now and then.
On Wednesday (April 24), Council will hold a public hearing on the city’s tax rate. Last month, a 4-cent tax ceiling was approved for consideration, allowing city staff and local legislators wiggle room in analyzing funding options in exchange for raising taxes. Each penny added to the tax rate is about $4.7 million, and a 4-cent tax increase would bring in $18.8 million.