But even though the
general county property tax rate on true valuation has decreased during my tenure, I am well aware that my constituents struggle each year to pay their total property tax bill, which includes school taxes, city or town taxes, and even village taxes for those in the Village of Kenmore.
She says for the second straight year, the spending plan holds
the county property tax rate flat at $ 8.99 per $ 1,000 of assessed value.
Poloncarz announced that the Proposed Budget cuts
the county Property Tax Rate by one cent, which will drop that rate to $ 4.94 per thousand dollars of assessed value from the current rate of $ 4.95.
Under no circumstances do I see
the county property tax rate going up.
We cut
the county property tax rate for the fourth consecutive year, too.
The proposal funds most county departments and programs at more or less their current levels and would result in a slight decrease in
the county property tax rate.
The Legislature amended County Executive Mark Poloncarz's proposed budget, reducing net expenditures by $ 2.1 million resulting in a small cut in
the County Property Tax Rate.
As this increase solely reflects growth in the tax base,
the County property tax rate for Library purposes (average full market value property tax rate) would remain unchanged at $ 0.47 per $ 1,000.
Defaulting economic development decisions to the IDA, and in so doing, allowing a small, unelected committee to set not only
our county property tax rates, but also those within our towns, as the Park Point PILOT decision demonstrated.
County property tax rates in Virginia range anywhere between 0.4 % to around 1.5 % of your home's assessed value.