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Newport News Now is a daily e-newsletter that launched in March 2016. Articles that ran in our newsletter between March 2016 and March 2018 are available on these pages. Newsletters produced beginning in April 2018 can be viewed on our new daily newsletter page.

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Jan 11

City Council Meeting Recap

Posted on January 11, 2017 at 8:35 AM by Communications Department

council recap_SC

Five-Year Financial Forecast

At a work session yesterday afternoon, City Council was presented the FY 2019 – FY 2023 Five-Year Financial Forecast for the City. City Manager Jim Bourey said, “Preparing a five-year forecast is a helpful exercise as it helps us understand our financial state and provides the opportunity for the City to plan more strategically for the coming years. It shows decisions made as part of the annual budget will have an impact on future years.” The financial forecast is a planning tool used to:
• Get a good picture of the City’s operational needs over the next five years;
• Understand the likely revenues that will be available to fund these needs;
• Prompt discussion on priorities for available funding; and
• Lead conversations about financial strategies.

The forecast indicates that, in general, most revenue categories are projected to continue to grow slowly as we move further past the recession. Future revenue growth can also be attributed in part to some major projects coming online throughout the City. On the expenditure side, we look at how public investment can aid in revenue enhancement for the future.

“The City, like the rest of the regional economy, has turned the corner on the prolonged recession and continues in a mode of steady, moderate recovery, bolstered by some economic growth and expansion,” Bourey continued, “and most of the City’s local revenues appear to be moving in a very positive direction.”

2017 Hampton Roads Hazard Mitigation Plan
At last night’s regular meeting, City Council adopted the 2017 Hampton Roads Hazard Mitigation Plan. This plan covers 16 area localities and identifies specific actions designed to protect residents, business owners, and the developed environment from those hazards that pose the greatest risk. The general purposes of the plan are to protect life and property; speed recovery following disasters; enhance coordination within and across neighboring jurisdictions; expedite the receipt of pre- and post-disaster grant funding; comply with state and federal requirements; and demonstrate a firm commitment to improving community health and safety. An adopted Hazard Mitigation Plan is required as a condition for future funding for various FEMA programs for mitigation projects. Localities on the peninsula originally developed a plan in 2006 and updated it in 2011. For 2017, the Peninsula plan was combined with the Southside plan and the Western Tidewater to create a single plan for Hampton Roads. The plan can be viewed on the Hampton Roads Planning District Commission website.

Other Actions
All other agenda items were approved by City Council, and the entire Council meeting can be viewed on-demand.

Next Meeting
The next regular meeting of the Newport News City Council will be Tuesday, January 24th. City Council typically meets the 2nd and 4th Tuesdays of each month at 7:00 pm in City Council Chambers, City Hall, 2400 Washington Avenue. Meetings are shown live on the City's Cable Channel NNTV (Cox Ch 48/Verizon Ch 19) and are streamed live on www.nnva.gov/nntv. City Council meetings are also available to be watched on-demand the day following the meeting. Oftentimes City Council holds work sessions in the 10th floor conference room of City Hall in the afternoon before the regular meetings. Work sessions are open to the public. Agendas for work sessions and regular meetings are available online in the Agenda Center the Friday before the meeting.