Real Estate Taxes

History:  

In May 2021, 2022, 2023, and 2024, Mayor Dyer’s budget reconciliation letter to the City Council recommended increasing the real estate tax rate.

Mayor Dyer and council peers ended each year with budget surpluses. Additionally, the City Council enjoyed other over-performing revenues and enacted non-essential appropriations. At the same time, Virginia Beach households' wages lagged the cost of living significantly. The City Council continuously approved budgets that lowered the standard of living of Virginia Beach families.

What will be different if you elect John Moss as Mayor?

The city's budget process will be refocused to increase the financial health of your household and business/employer. 

My Mayor budget reconciliation letter shall recommend a revenue-neutral real estate tax rate until the city’s budget is as lean as that of Virginia Beach residents.  Returning a majority of the city’s annual budget surpluses to Virginia Beach residents by reducing a portfolio of tax rates is an approach I support.

My course of action in funding the city’s core functions is not to reach deeper into your wallet.

I will do just the opposite of the current tax and spend Mayor.

It is time for the City Council to produce de facto dividends in the form of tax rate reductions through productivity and slowing the growth of spending. We cannot tax and spend our way to prosperity. I am dedicated to delivering a more productive and focused government that lives within the means of its residents – us.