Annual Budget

The City of Blue Ridge's Annual Budget outlines both income and expenditures that are expected to be received and paid over the coming year. This budget helps to plan for the upcoming year and makes the necessary adjustments in cash flow to cover expenses.  The City of Blue Ridge's Annual Budget is a vital instrument in accurately projecting future cash flow and effectively managing incoming revenue and existing debt.

 

Posted on: August 20, 2024

Public hearings on City budget and tax rate scheduled for Tuesday, Sept. 3

The City of Blue Ridge’s 2024-2025 Fiscal Year is set to begin Oct. 1, and public hearings for the City’s proposed budget and tax rate are set for Tuesday, Sept. 3 at 7 p.m. Public hearings will take place during the City Council meeting at Blue Ridge Community Center.

The proposed tax rate of $0.528548 is greater than the no-new-revenue tax rate and this tax proposal will increase property taxes for the 2024 tax year. The actual tax rate voted on by City Council will not exceed this rate. This proposed tax rate is a $.028548 increase from the current tax rate of $0.50000.

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