This year, most local government officials aren’t even pretending to cut taxes.
A handful of localities say they’ll cut tax rates — but, as is the recent practice, the cuts won’t be enough to offset rising property assessments.
Two — Caroline and Charles City counties — are raising tax rates.
Bottom line: Homeowners in 11 area localities will generally see tax bills rise — in some localties by a couple of hundred dollars for a home worth $250,000.
In Caroline County’s case (with their proposed increase $0.07/$100) there would be a $175 increase for someone with $250,000 of assessed value in land. For someone with $300,000 of property there would be $210 increase in your tax bill. Etc. etc.
FYI: There will be a hearing about the proposed tax rate increase at the next Board of Supervisors meeting on April 8th.
Addendum: As I’m writing this The Free Lance–Star‘s RSS feeds update and provides some information on the county’s budget (Caroline County is the first county detailed but for some reason the headings got dropped on the web version of the article).