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Home Local Stories

Final vote for 2022-23 city budget set for Monday

April 22, 2022
in Local Stories, Local Stories
Reading Time: 2 mins read
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RADFORD – The second and final vote on the City of Radford’s 2022-23 fiscal year budget is set for this Monday, April 25, at the regularly scheduled Radford City Council meeting.

The budget is balanced at $66,999,753 with no tax or utility rate increases.

The budget keeps the real estate tax rate at its current 84-cents-per $100 in valuation and keeps utility fees and rates level as well with $16.32 per 4,000 gallons for water, $14.32 for sewer, .1112 cents per kilowatt hour of electricity, and $22 per month for solid waste pick-up. The machinery and tools tax levy remains at $1.76 per $100 of assessed value, and vehicle tax remains at $2.44 per $100.00 of assessed value.

The breakdown of the budget is as follows:

GENERAL FUND:  $32,007,041                                       

STREETS MAINTENANCE FUND:  $2,406,565 

TRANSIT:  $3,380,793

WATER/WASTEWATER FUND: $5,315,340

ELECTRIC FUND: $21,258,021

SOLID WASTE FUND: $1,725,693

The meeting begins at 7 p.m. in the council chambers at 10 Robertson St., Radford.

The agenda is as follows::

CALL TO ORDER

PLEDGE OF ALLEGIANCE

MOMENT OF SILENCE

CITIZEN COMMENTS:

(Please state your name for the record. Please limit comments to three minutes or less)

COUNCIL RESPONSE:

(Please limit comments to one minute or less)

MINUTES APPROVAL: April 11, 2022 Regular Meeting

PUBLIC HEARING: Special Use Permit 644 West Main Street

CDBG Consolidated Plan

OLD BUSINESS:

  1. Ordinance 1763-F.Y. 2023 Budget
  2. Ordinance 1764-Tax Rate 2022

NEW BUSINESS:

  1. F.Y. 2023 Rate Resolution
  2. Community Development Block Grant
  3. Consolidated Plan
  4. Program Year 2022 Action Plan and Citizen Participation Plan
  5. F.Y. 2022 Budget Amendment-Radford City Schools
  6. Atmos Energy Franchise Renewal
  7. Schedule a Public Hearing
  8. Schedule a Request for Proposals

CITY MANAGER COMMENTS

COUNCIL MEMBER COMMENTS.

The public is welcome to attend.

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