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The real property tax as a percentage of market value for each county in 1976 was:
Percentage of
Market Value Rapp. County .26 Madison County .40 Fauquier County .42 Orange County .49 Culpeper County .57
The major impact of a Proposition 13 proposal in Virginia would be in the Northern Virginia and Tidewater areas, according to Capelle. For 1976, the most recent year with available data, 22 localities, predominantly the Commonwealth’s cities and urban counties, would have a revenue loss of $128.4 million if a one per cent tax ratelimitation was placed on Virginia localities.
77.6%