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The Rappahannock Supervisors have proposed that the county’s tax rate for 1979-80 remain at the current level of $4.20 per $100 of assessed value, according to the preliminary budget released at last Thursday’s board meeting. The budget totals $2,344,234—an increase of $97,310 over the current year.
Locally taxable property is valued at approximately $15,000,000. By drawing on an estimated $115,638 from accumulated surplus of county funds and anticipating increased collection of utility taxes, A.B.C. profits and federal payments in lieu of taxes, the supervisors were
94.7%