Tax Increase Update
A brief public hearing held on Monday, April 28, provided the venue where Appomattox County supervisors approved a modest property tax increase and the county’s fiscal year 2009 budget. According to the Lynchburg News & Advance:
Supervisors unanimously set the FY2009 real estate tax rate at 44 cents per $100 of assessed value, an average 2 percent increase for property owners. The county’s $37.2 million budget was initially based on a tax rate of 49 cents, which would have constituted an average 14 percent increase.
County supervisors will revisit whether to hold a public hearing on the land-use ordinance in May, but - even if one is passed - it won’t affect tax rates for the current year. Read more about this story at the News & Advance.
Leave a Reply