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Budge
line on taxes
$7.5M total cuts
$100,000 for library,
$50,000 from schools
By SHARON KILPATRICK
Rappahannock New* Staff Writer
Rappahannock County will probably be able to fund next year’s budget without an increase in taxes.
The first draft of the county’s budget for next year shows the tax rate on real estate remaining at 75 cents per hundred of assessed value and the personal property tax remaining at $2.90 per hundred.
The first draft of the $7.5 million budget also shows the county spending $298,509 more than it is expected to take in from taxes, but the Board of Supervisors agreed to cut $100,000 from the library’s request and $50,000 from the School Board’s request. Another $150,000 can be subtracted which was included in this year’s budget for the jail addition, but most of it will not be spent this year. A total of $230,000 is included in expenditures for next year for this project.
The budget also includes $100,000fto purchase the town hall and $35,000 to make repairs to the clerk’s office to try to solve the problem of dampness in the basement and to renovate the present county Extension office for County Administrator John McCarthy. The Extension office will be moving into offices on the second floor of the Kramer and Eiland woodworking shop.
Most of the county employees are due to receive a five percent raise, and the supervisors also recommended that school system employees receive five percent, rather than the six percent in the original school budget. However, the supervisors indicated they would cut the bottom line of the budget and leave it to the School Board and school administration to determine how the cuts will be made.
The draft budget submitted by accountant Wally Cox also recommended that the county borrow $730,000 in January 1991 at at tax exempt rates of approximately 7.5 percent and reinvest it at greater interest to cover an anticipated cash flow problem between July and November of that year.
However, after the supervisors agreed on the cuts in the school and library budgets Mr. Cox said that would probably no longer be necessary, and indicated that they
See BUDGET, p. 17
93.5%