Welcome to another City Council preview, this time for the Jan. 27 regular meeting. This week’s meeting will be held at the City Hall Council Chambers at 9027 Center St. The Department of Economic Development, led by Director Patrick Small, will present its fiscal year 2024 report to City Council.
Fiscal year 2024 — from July 2023 to July 2024 — showed an increase in industrial and retail vacancies in the last two quarters of the fiscal year. However, office space vacancies increased slightly over the fiscal year to just over 3.5%.
The city generated $12.9 million in sales taxes and $6.25 million in meal taxes, both increases from fiscal year 2023, the department’s presentation states. The department estimates nearly 340,000 people visited Manassas in fiscal year 2024, generating $60.5 million in spending in the city.