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Henrico News Archives for Month: February 2023

Budget Pc 3

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

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
Tax Rebate Jv

Henrico proposes real estate tax credit for 2nd consecutive year

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 Asm Global

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

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
Fh 20 Front

Henrico celebrates opening of Staples Mill Firehouse 20

County’s 22nd firehouse enhances fire, rescue response to Staples Mill corridor

Henrico has cut the ribbon on Staples Mill Firehouse 20, but its celebration was about more than a sparkling, brick building to serve a growing area of the county.

In remarks to more than 500 people at the Jan. 28 grand-opening event, Brookland District Supervisor Dan Schmitt called Firehouse 20 a symbol of the Division of Fire’s excellence and praised the firefighters who will be stationed there.

Continue reading Henrico celebrates opening of Staples Mill Firehouse 20