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2024 Back-to-School Care Fair

Join VB Schools and over 100 youth-serving organizations, agencies and school division departments for an informational and fun-filled day that gives families the opportunity to connect with valuable resources which promote youth development and well-being.

Budget

To provide a stable source of local funding for public schools, the City Council first adopted the City/School Revenue Sharing Policy in 1997 and revised the agreement in December 2015. Within the policy, the discretionary local match allocates local tax revenues to VBCPS using the Revenue Sharing Formula and a real estate tax dedication. There are 14 non-dedicated local tax revenue streams used to calculate the RSF: real estate taxes; personal property taxes; general sales taxes; utility taxes; Virginia telecommunications taxes; Business Permit and Occupational License (BPOL) taxes; cable franchise taxes; cigarette taxes; hotel room taxes; restaurant meals taxes; automobile license taxes; bank net capital taxes; city taxes on deeds; and city taxes on wills.

Resources

*A hard copy of this document is available for review in the School Administration Building.