Board of Supervisors Public Hearing on the CY 24 tax rate   4/24/2024

1. Call to Order.

6:00 p.m. - Public Hearings:

2. Real Property Tax for Calendar Year 2024 Tax Rates. To receive comments on Proposed Tax Rates for Calendar Year 2024.

• Proposed Resolution

3. Calendar Year 2024 Personal Property Tax Rate. To receive public comment on its proposed increase in the tax rate from $3.42 per $100 of assessed value to $3.96 per $100 of assessed value, on all classes of property subject to taxation by the County pursuant to Chapter 15, Article 8 of the County Code, including tangible personal property; tangible personal property employed in a trade or business that is not otherwise classified as machinery and tools; merchants’ capital; short-term rental property, with an original cost of less than $500; and machinery and tools, as enabled by Title 58.1, Chapter 35 of the Code of Virginia (1950), as amended, to be effective on and after January 1, 2024.

• Proposed Resolution

4. Public Hearing to Consider the Adoption of Ordinance to Amend County Code Chapter 15, Taxation related to Article 9, Transient Occupancy Tax. To receive public comment on its intent to adopt an ordinance to amend County Code Chapter 15, Taxation. The proposed ordinance would amend County Code § 15-901, Transient occupancy tax imposed; amount, to increase the tax from eight percent to nine percent of the amount charged for the use or possession of rooms or spaces in hotels, motels, boarding houses, travel campgrounds, and other facilities offering guest rooms, as enabled by Virginia Code §§ 58.1-3819 and 58.1-3826, to be effective on and after July 1, 2024.

• Proposed Transient Occupancy Tax Ordinance

5. From the Board: Committee Reports and Matters Not Listed on the Agenda.

6. From the County Executive: Report on Matters Not Listed on the Agenda.

7. Adjourn to May 1, 2024, 1:00 p.m., Lane Auditorium.

Thank you for attending today's public hearing. During the 2024 Calendar Year, the Chair is Jim Andrews and the Vice-Chair is Diantha H. McKeel.

Opportunities for the public to access and participate in this meeting are posted on the Albemarle County website on the Board of Supervisors home page and on the Albemarle County calendar. Participation will include the opportunity to comment on those matters for which comments from the public will be received. During the time set aside for "From the Public: Matters on the Agenda but Not Listed for Public Hearing or on Matters Previously Considered by the Board or Matters that are Pending Before the Board" (“From the Public”), individuals are allowed three minutes to speak. Up to 10 persons may speak during each “From the Public” session. The 10 speakers are determined on a first-come, first-served basis. Each speaker may speak at only one “From the Public” session at each meeting. The sign-up period closes when “From the Public” begins. Electronic presentation materials may be displayed by a member of the public provided it is emailed to the Clerk at least 48 hours in advance of the Board meeting. . During Public Hearings, the Board will only acknowledge speakers address

Time keeping is conducted through a timer and a light system at the podium. The green light will go on when you begin speaking and this begins your allotted time; a yellow light indicates you have one minute to finish your comment; a red light indicates your time has expired. In order to give all speakers equal treatment and courtesy, the Board requests that speakers adhere to the following guidelines: • When called to the speaker's podium, state your name and magisterial district • Address comments directly to the Board as a whole • Give written statements and other supporting material to the Clerk • If you represent a group or organization, you may ask others present to raise their hands and be recognized • If you exceed your allotted time, you will be asked to end your comments • If a speaker does not use all allocated time, the unused time may not be shared with another speaker • Speakers are permitted one opportunity to comment during each of the public comment periods per meeting • Back-and-forth debate is

All comments are live streamed, recorded and published on the Albemarle County website. Please turn all devise notifications to vibrate.

Clerk, Board of County Supervisors 401 McIntire Road Charlottesville, Virginia 22902-4596