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relinquishes over 50 percent of
its potential tax revenue through the Land Use program.
Furthermore, the state contribution is much lower than it would be if the LCI were based on taxable value.
Only one other county in the state, Rockbridge (like us, very progressive in its commitment to the preservation of open space), is in a similar situation.
Viewing legislative efforts to “correct” the LCI as almost
82.3%