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Though tax
rate is up,
it’s still low
After a month and a half of budget work on appropriation requests that total more than $6.5 million, Rappahannock’s Board of Supervisors has trimmed about $55,600 from the expenditures originally proposed. With the local real estate levy advertised at 52 cents for 1988-89, they are banking on being able to cut the rate to 50 cents after bids on landfill construction are opened this Friday.
After the bid opening, they will meet with engineer Leonard Joyce to get a closer estimate on operational costs for the new county-owned facility to be opened later this summer on the 99-acre Stover tract near Amissville.
But at 50 cents or 52 cents, Rappahannock’s real estate rate looks like a bargain compared to what appears likely in surrounding counties.
The new' assessment which takes effect this year raises the total worth of property here by 48.6 percent. Adjusted for the new values, a levy of 50 cents represents an increase of 6.3 percent while 52 cents works out to a jump of 10.6 percent over the current rate.
By comparison, landowners in Orange County, which is also implementing a new assessment, have a proposed tax rate of 60 cents, a 25 percent increase from the present “equalized” rate of 48 cents.
If budgets are approved as proposed in Fauquier County, the levy will vault by 38 to 40 percent. There, the school budget alone calls for 26 cents more on the present rate of 72 cents per $100 of assessed worth.
Like Orange arid Rappahannock, Culpeper County puts new land values on the books this year. Culpeper’s 1987 rate was 61 cents; equalized for the new assessment, that same rate would be 50 cents.
See TAX RATE, p' 16
75.6%