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levy of S5.30 represents only a five cent increase. The rest of the hike—85 cents—is a tax shift, the direct result of dropping the levy on farm machinery, livestock, household goods and merchants capital.
The S5.30 rate for 1981-82 will be applied on the county’s old discounted assessments. (Under the same , assessments, last year’s $4.40 •rr rate worked out to a true effective tax of 26 cents per $100 of fair market value, according to the state department of taxation.)
Rappahannock’s recently completed 100 percent fair market value assessments will be implemented in the 198283 tax year.
83.6%