Richmond Mayor Levar Stoney introduced a real estate tax plan Monday — the third tax proposal City Council will consider.
It comes after 8th District Councilor Reva Trammell presented a plan to cut taxes by 4 cents. Council President Kristen Nye also introduced a plan to maintain the city’s existing rate of $1.20 per $100 of assessed value — among the highest in the region.
Plans from Trammell and Nye were initially on the docket for council’s Sept. 23 meeting. But the proposals were continued to Oct. 15 — after the mayor’s administration requested an extension during the Sept. 19 finance committee meeting…