Williamsburg OKs $103.33M budget; adds taxes, water hike; cuts projects

Williamsburg City Council approved a $103.33 million budget Thursday. The budget addresses slowing revenue and infrastructure needs by increasing water, meals, lodgings, and admissions taxes. The real estate tax rate of 62 cents per $100 remains unchanged. The approved budget is down from the original $112.3 million proposal, cutting $22.8 million in capital projects and freezing some city positions. The 30 percent water rate increase is effective July 1, while the meals, lodgings, and new admissions taxes take effect in January. The budget includes $12.7 million for joint school system operating funds and $1.4 million in capital funds. Community members, including restaurant owners, voiced concerns about the tax increases.

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