Budget
Like The Board of Supervisors voted to approve the fiscal year 2011 county spending plan yesterday morning, raising the residential real estate tax rate by 5.5 cents, to $1.30 per hundred of assessed value, and cutting $73 million of expeditures. They trimmed $25.4 million from the school system’s budget, leaving the school board to figure [...]
LikeLoudoun County Administrator Kirby Bowers has proposed a $1.2 billion operating budget for Fiscal Year 2009, which includes raising the tax rate by 25.6 cents. This would raise property tax rates to $1.216 per $100 of assessed value; the current rate is 96 cents. Which means that although many homeowners saw their assessments drop to [...]
Continue reading about Bowers Proposes $1.2 Billion Operating Budget, with 13.6% Tax Rate Hike
