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Mayoral candidates weigh in on Richmond's real estate tax during debate

Banking and Finance

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“To say I'm going to pledge tonight to do that without being there to look at all the ins and the outs of the budget would be premature,” she said. Like Mayor Levar Stoney’s administration did last week, Mosby pointed to the city’s outstanding financial obligations, which she said include funding for collective bargaining agreements, the Virginia Retirement System, the Diamond District and the Affordable Housing Trust Fund. Representatives of the administration argued that these commitments, coupled with the upcoming real estate assessment freeze as the city adjusts its assessment...

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