City News

Press Releases and Announcements

City of Richmond to Kick off to Holiday Season with RVA Illuminates

The Department of Parks, Recreation and Community Facilities (PRCF), in partnership with 8 News and Summit Media, will host RVA Illuminates at Kanawha Plaza, 801 E. Canal Street, on Friday, December 2, 2022 beginning at 4 p.m.

RVA Illuminates will feature performances from the Richmond Police Department Band, DJ Lonnie B, and Sam Reed and Friends. Kelli Lemon will emcee for the evening. Chief Administrative Officer Lincoln Saunders will flip the switch at 6 p.m., lighting up the downtown skyline and announcing the arrival of the holiday season. At 7:15 p.m., the holiday movie “Elf”, presented by Venture Richmond, will be shown.

“Each year we continue to build in new traditions with the old. Partnering with Venture Richmond to show “Elf” is a great new addition,” says Chris Frelke, Director of PRCF.

In addition to the event at Kanawha Plaza, Shockoe Illuminates will take place at the 17th Street Market, 100 N. 17th Street, on the same day. From 5 - 8 p.m., patrons will be able to begin their holiday shopping, enjoy holiday carolers, and partake in the skyline lighting.

Also adding to the holiday tradition, PRCF is asking city businesses and residents to light up their own storefronts and homes on December 2 at 6 p.m., adding to the illumination of the entire city.

For more information about the department, follow PRCF on Facebook, Twitter and Instagram or visit our website at www.rva.gov/parks-recreation.

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Real Estate (Property) Tax Rebate FAQ's

Who is eligible to receive a rebate?

Eligible taxpayers will be those who owed and/or paid real estate property tax as of the second billing of the fiscal year ending June 30, 2022. Taxpayers who paid the fiscal year 2022 real property taxes in full on the January 2022 billing and are the property owner of record as of the second billing of the fiscal year ending June 30, 2022, are eligible to receive the rebate.

Any of these taxpayers who received a partial exemption will receive a five-cent rebate at a prorated amount.

Any of these taxpayers who were fully exempt from real property tax will not be eligible for a rebate.

Delinquent credits will be applied as part of the overall pool. Those who have a delinquent balance will see the rebate amount applied. The rebate will be first applied to the oldest delinquent amounts. If the rebate exceeds the delinquent amount, the balance will be credited to the next tax bill.

How is the rebate calculated?

The rebate is calculated by dividing the total taxable value of the property by $100, then multiplying the result by .05.  For example, a $260,000 taxable value/ $100 x .05 would result in a $130.00 credit.

Property owners who owe delinquent taxes to the city will see that credit applied to their outstanding balance (and then applied to their upcoming bill if the credit amount exceeds the delinquency).

How is the tax rebate possible?

A tax rebate is possible because the city has surplus dollars available from Fiscal Year 2022.

Because of this, the City can provide a one-time tax rebate across the board for all property owners.

Why not permanently cut the tax rate?

The tax rate should not be permanently cut because the nation’s economic climate is uncertain, and the City’s financial advisors do not recommend cutting the tax rate, which is currently at $1.20 per $100 of assessed value, at this time.

It is important to note that each penny reduction in real estate tax is equivalent to $3.4 million in lost revenue and each penny reduction also reduces the city’s debt capacity by approximately $4.2 million.

A permanent tax cut impacts the City’s ability to provide core services to residents, such as paving roads and garbage collection.

I haven’t been able to pay the full amount of tax due for this year. Will I be eligible for a rebate?

No. All real estate taxes owed for the tax year 2022 must be paid in full to qualify for the rebate.

I owe delinquent taxes from prior tax years. Am I eligible for a rebate?

All delinquent taxes from prior tax years must first be paid. 

I moved into the City of Richmond after June 30, 2022, will I be eligible for a rebate?

No.

 

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