Albemarle BOS Sets Advertised Tax Rate Higher than Proposal
Albemarle County Board of Supervisors
ALBEMARLE COUNTY, Va (WVIR) -
A big jump in taxes could be in the picture for those living in Albemarle County. Wednesday night, supervisors set the advertised tax rate for the upcoming fiscal year.
Supervisors decided to advertise a tax rate much higher than was originally proposed by the county executive, mainly to help bail out the schools. Supervisors voted 4-2 Wednesday night to set an advertised tax rate of 80.8 cents per $100 of assessed value. That's a 4.2 cent jump from the current rate.
After hours of discussion, supervisors first voted on an advertised tax rate of 81.2 cents per $100 of assessed value. That would have been a 4.6 cent increase from the 76.6 cent tax rate now, but that vote didn't go through.
The large budget shortfall the schools are facing is behind the increase. With this tax jump, schools would see $3.4 million more. But that still leaves them with nearly $2.5 million to cut.
Some supervisors say that could make for a tough school year.
"I'm feeling really frustrated that we're in this position based on mandates - the state government pushing mandates down to the school system and the localities having to pick up the difference,” said Supervisor Diantha McKeel.
Superintendent Pam Moran says she is just happy the board is considering this tax rate to help the schools. Supervisors said they want to sit down soon to address how to obtain a sustainable budget for schools.
This is just an advertised rate. Supervisors made it clear that they want to hear from the public what their priorities are and whether or not this tax rate should stick.
The first public hearing on the advertised rate is set for April 8.
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