Thursday, May 3, 2012

Promise kept?...



Calvin Trice over at the Staunton NewsLeader reports that the BOS did decide not to raise the Real Estate tax rate to help cover the budget short fall. Instead they decided to raise the Property tax rate instead on a smaller tax base by raising the rate by $.25 per $100...
Just can't wait to get that bill in the mail...



VERONA — Augusta County residents will pay more tax on their cars, trucks and motorcycles — but not on their houses and real estate.


A divided Board of Supervisors chose to keep the real estate rate at 48 cents per $100 of assessed value, among the lowest rates in the state.

Riverheads Supervisor Michael Shull joined Beverley Manor Supervisor David Karaffa, Chairman Tracy Pyles, of Pastures, and North River Supervisor Marshall Pattie to oppose an increase on the tax rate for homes.


This fall, county residents will get a bill for their car tax that will reflect a rate increase from $2.25 per $100 of assessed value to $2.50 per $100. That increase passed on a 4-3 vote, with Pyles, Pattie and Shull voting against it.


That bill is typically due Dec. 5.


The higher car tax rate will bring in another $1 million to county coffers for the budget year that will start July 1.

Supervisors adopted a local budget for the coming fiscal year of about $74.7 million.