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The clipping this text was read from
The clipping this text was read from

Latham asked if all the people complaining about the reassessments been denied changes in property values by the Equalization Board.

"1 didn't ask people that...only if they thought the reassessment was equal,” Fletcher answered. He maintained that values set by Hall and the Equalization Board are too high, as well as unfair. "With today's economy, the land values in Rappahannock County have certainly not increased. In my opinion and in the opinion of others, they've decreased...I don't think we have 100 fair market value. I think we have 115 percent,” he said, maintaining that fair market value should be the cash value that the seller actually receives from a land sale. "1 haven’t seen a sale that's come up to their assessment in the last three months," Fletcher charged. All sales prices during that period have been lower than assessments, he said, adding that “the power to tax is the power to destroy."

(In a meeting in April between the supervisors and the Equalization Board, Fred Forberg, head of the State Department of Taxation’s

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