City Council Special Formal Meeting,6:00p ,5/12/2026

The City Council of Virginia Beach held a special formal meeting on May 12, 2026, primarily to consider and adopt the fiscal year 2026-2027 operating budget, capital improvement plan (CIP), and related ordinances. The council reviewed appropriations totaling nearly $4 billion, including operating funds, inter-fund transfers, internal service funds, and tax levies. Key procurement-related items included the approval of a $417.7 million capital improvement budget, authorization for issuance of general obligation bonds up to $6.9 million for public facilities, stormwater utility revenue bonds up to $721 million, and water and sewer system revenue bonds up to $22.56 million. The council also discussed amendments to city codes related to tax exemptions, sewer capital recovery fees, and special service districts. Public comments expressed concerns about rising real estate taxes and fees. Council members noted concerns about delays in road infrastructure projects and emphasized the need for better progress on critical transportation improvements. The budget was generally supported with some reservations noted regarding specific projects and expenditures. The meeting concluded with a vote to adopt the budget and related ordinances.