Advertisement
SHOW ME THE MONEY!!!! Are you Ready? The next VBCCO Academy is March 25, 2026 beginning at 5:15pm! - https://mailchi.mp/vbcco.org/decembermembers-17447744SHOW ME THE MONEY!
Presentation #3 in the VBCCO Academy series for citizen education! A straight forward look at how Virginia Beach raises and spends almost $3 billion a year.
Presented by former Virginia Beach City Councilman Chris Taylor, this class will educate you on the estimated $2.78 BILLION dollar City budget.
No jargon.
No political spin.
Just the process.
You’ll leave knowing:
• How the budget cycle works
• When major decisions are made
• How citizens can influence outcomes
• Why timing matters
Virginia Beach – General Fund Revenue Breakdown (FY 2026)
Revenue Source
% of General Fund
Real Estate Tax
~30%
Personal Property Tax (vehicles, boats, business property)
~7%
Local Sales Tax
~13%
Other Local Taxes (meals, hotel, BPOL, cigarette, etc.)
~12%
State Revenue (primarily school funding)
~27%
Federal Revenue
~2%
Charges for Services / Fees / Fines / Permits
~7%
Use of Fund Balance / Transfers / Misc.
~2%
Totals ≈ 100%
Understanding the budget isn’t about politics. Well, mostly…
It’s about being an informed taxpayer.
When residents understand the budget timeline, public safety, schools and tax rates get real citizen voices — not afterthoughts!
Join us March 25 at the Central Library Auditorium.
Reserve your seat now by clicking the red button. The last VBCCO Academy was sold out! No charge to attend, but you must register!
Advertisement
Event Venue
Virginia Beach Central Library, 4100 Virginia Beach Blvd, Virginia Beach, VA 23452-1744, United States
Tickets
Concerts, fests, parties, meetups - all the happenings, one place.
