Daily Progress
E-Edition
|
 
Local NewsLocal News

Supervisors debate budget, tax increase

»  Comments | Post a Comment

PALMYRA — Fluvanna supervisors on Wednesday were considering the county’s proposed $61.2 million budget and a potential 12 percent increase in the real-estate tax rate.

The board had not made a decision on either matter by press time. It was unclear if the board would vote Wednesday night.

The proposed budget would represent a decrease from the current $67.4 million spending plan.

The proposed tax rate of 56 cents per $100 assessed value has divided residents, with some seeing it as a necessity to pay for schools and services while others say it would be unfair to make property owners pay more during the economic downturn.

The real-estate tax rate now stands at 50 cents per $100 assessed value.

Look for an update on Wednesday’s discussion today at DailyProgress.com.

Terms and Conditions

Advertisement

 
View More: Business_Finance, Cent, Usd
Not what you're looking for? Try our quick search:
 
 

Advertisement

Reader Comments

*Facebook Account Required to Comment. If you are not already logged into Facebook, please click the comment button to do so.

Deal of the Day

Advertisement

 

Most Popular

Advertisement

 

Things to Do

Advertisement

Media General
KewlBoxBoxerJam: Games & Puzzles
Games, Puzzles & Trivia
Blockdot: Advergaming and Branded Media
Advergaming and Branded Media

MyYahoo!