Sale of cul-de-sac near UVA nets Charlottesville another $750k for capital spending fund
As the value of real estate in Charlottesville continues to go up, so does the city’s ability to generate a surplus based on increased assessments. These extra funds are allocated to contingency funds, including a $15.8 million transfer at the end of Fiscal Year 2023, $22.4 million at the end of FY24, and $8.5 million […]
