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Council unanimously approved the fiscal year 2027 budget, reduced the personal property tax rate from $3.45 to $3.35 per $100 of assessed value, and eliminated the vehicle license fee effective January 1, 2027.
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Danville residents will pay a lower personal property tax rate and will no longer pay the city vehicle license fee beginning January 1, 2027. Council also approved the fiscal year 2027 budget and capital and special projects plan, all by 9-0 votes. Separately, the council approved a $500 bonus for 781 city retirees, totaling $390,500, with funding to be appropriated in the new fiscal year.
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